BlueWave launches premier solar loan in North and South Carolina

Facebook
Twitter
LinkedIn
Reddit
Email
BlueWave's premier solar loan, now available in North and South Carolina, offers a 12-month interest-only period at 5.99% fixed-rate for 10 years. Source: BlueWave

BlueWave, a Boston-based developer of solar projects, has launched its premier solar loan product in North Carolina and South Carolina.

The loan, up to US$100,000, offers homeowners in these states a 12-month interest-only period at a 5.99% fixed rate for 10 years. The residential solar financing product is in conjunction with Avidia Bank and was inaugurated earlier this year across Massachusetts.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“This is a best-in-class solar loan product with a high value proposition. It provides more homeowners with the option to benefit from the economic and environmental benefits of solar energy at an affordable price. We're thrilled about the Southeast launch and look forward to expanding our operations in the region,” said BlueWave's CEO, Trevor Hardy, in a statement.

According to the company, the solar loan payment combined with a homeowner’s solar electric bill could be 20-50% less than a regular electric bill. Once the loan is paid off in 10 years, the energy produced through rooftop panels is free.

South Carolina offers households a 25% tax-credit for solar installation costs while investor-owned utilities (IOUs) now offer various incentives as part of respective distributed energy resource (DER) programmes.

“The Federal and SC state tax credits, combined with the utility-specific incentives are making the case to go solar in South Carolina a very compelling one,” said John Griswold, BlueWave managing director. “BlueWave has been active on many levels in helping to drive solar adoption in the state and our solar-specific financing platform is another example of this. As a result, we look forward to helping more households take advantage of the opportunity available in the state right now.” 

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

July 23, 2025
Utility giant Engie North America has acquired a portfolio of multiple solar projects from solar energy developer Prospect14.
July 23, 2025
US-based microinverter manufacturer Enphase Energy saw a decline of two percentage points in its gross margin for Q2 2025 due to Donald Trump's “reciprocal” tariffs regime.
July 23, 2025
A rise in global tariffs could impact solar PV and battery energy storage system (BESS) installations in the US and EU by up to 10% by 2035.
July 22, 2025
Canadian energy firm Enbridge will build a 600MW solar PV project in Texas with a power purchase agreement (PPA) in place with social media giant Meta.
July 22, 2025
The investigation launched on polysilicon under Section 232 could present the biggest supply chain challenge to the US solar industry, according to analyst Wood Mackenzie.
July 21, 2025
Materials science firm Corning has acquired JA Solar’s 2GW module assembly plant in the US state of Arizona.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK