CVE North America, an independent power producer based in New York City, has launched a new community solar offering in Massachusetts.
The offering, branded Halo, will begin with one acquisition in Acushnet, Mass., and several builds for the Solar Massachusetts Renewable Target (SMART) program.
CVE NA has submitted seven solar installations totaling 36 MW to SMART. The company plans to add 29 MW of additional community solar builds in Massachusetts and New York by 2021.
“Community solar aligns with our commitment to bring access to solar to all by meeting the energy and environmental needs of communities and businesses through a service-provider approach,” says Thibaut Delespaul, vice president of CVE NA.
Halo allows individuals and companies who cannot or do not want to install solar panels to access solar energy without any upfront cost. CVE NA builds and operates the solar installations, delivering clean electricity to the subscribers’ local grid. Subscribers then receive solar credits that are applied to their electricity bill and provide savings of up to 10% per month.
Through the Halo digital platform, subscribers can see how much money they are saving, how much electricity the solar panels are producing and how many carbon emissions their subscription is offsetting.
The 650 kW Acushnet community solar installation will serve subscribers in July. Other SMART projects will be developed in New Marlborough, Russell, Tolland, Westhampton and Peru, which are set to be in operation between late 2019 and early 2020.
Halo is available for subscription in Massachusetts and will soon be open to subscribers in New York.