BlueWave Solar teams up with Laketricity to develop ‘floatovoltaics’ in Massachusetts

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
BlueWave Solar announces a joint venture with Laketricity, a company from Ciel & Terre. Image: Laketricity.

BlueWave Solar has entered the floating solar space, thanks to a joint venture with Laketricity, a Ciel & Terre company.

The agreement will see the two look to develop projects in Massachusetts, with the intention of expanding throughout the Northeast region of the US.

“We are thrilled to work with the world’s leading floatovoltaics provider to bring floatovoltaics to New England,” said John DeVillars, co-founder and chairman of BlueWave Solar.

The company focuses on duel-use solar development, or agrivoltaics, and has developed over 155MW of projects to date. This includes a number of community PV projects, such as two completed in 2018 together with Ameresco.

BlueWave hopes bringing this expertise together with Laketricity’s innovation in floating solar rigs and technology will allow the two to develop unique solutions.

As the development arm of Ciel & Terre, Laketricity is focused on C&I and utility-scale floating solar development. Its parent company has installed over 230 floatovoltaic projects globally, and 21 projects in the US with a combined capacity of over 162MW.

“Partnering with BlueWave is a natural fit for Laketricity as we combine the respective strengths and experience of our teams to develop a sizeable portfolio of floating solar projects in New England,” said Alexis Gaveau, CEO of Ciel & Terre and president of Laketricity USA.

Floating solar is expected to be especially important in areas like Massachusetts where building on man-made ponds and reservoirs could help solve land use problems.

Read Next

May 24, 2022
French renewable energy company Compagnie Nationale du Rhône (CNR) has set up a new subsidiary that will focus on the development of solar installations in the Rhône valley area of France.
May 24, 2022
Energy independence strategies and emerging technologies such as floating solar are helping bolster renewables investment across Europe.
May 13, 2022
Investment management firm Axium Infrastructure has acquired Boston-based solar and energy storage developer BlueWave, its first acquisition of a renewables developer.
May 11, 2022
Energy advisory and assurance provider DNV has introduced two joint industry projects (JIPs) aimed to standardise the development of floating PV (FPV).
PV Tech Premium
May 4, 2022
PV Tech Premium speaks with developer BlueWave and its spin off Perch Energy about how solar projects can gain greater community acceptance.
April 22, 2022
Dutch energy company Essent and solar developer Solinoor will collaborate on the development of green hydrogen projects in the Netherlands using ground-based and floating solar PV.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 7, 2022
Leonardo Royal London City, London, UK
Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
June 22, 2022
Sheraton Austin Hotel at the Capitol, Austin, Texas