Blue Cross Blue Shield of Massachusetts is offtaking 2.6-MWs from five Ameresco community solar projects

Written By: Stratton Report
January 26, 2017

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On January 26, Blue Cross Blue Shield of Massachusetts announced that it had entered into a long-term agreement to purchase 2.6-MWs of net metering credits from five community solar projects located in Hopedale and Mendon, MA.

According to the insurer, these projects are owned by Ameresco, Inc. and were co-developed with BlueWave Capital, LLC.  The community solar projects, comprising a total of approximately 6.9 MW of renewable power, will enable residents and businesses in the Blackstone Valley and throughout National Grid territory of Southeastern Massachusetts to lower their electricity costs projects. BlueWave and Ameresco are also providing community solar customer management services for these projects through their Community Solar Share program and Solar Management Platform.

Per Blue Cross, the economics of the projects involve net metering credits which are produced by generating renewable energy from solar and applying those credits to member utility bills.

Kyle Cahill, Director of Sustainability and Environmental Health at Blue Cross.noted: “Blue Cross has committed to a 30% reduction in absolute greenhouse gases (GHG) by 2020 and to support the growth of renewable energy in Massachusetts. This agreement and these projects will lead to cleaner air, reduce our electricity costs, support our local economy, and help to address climate change, one of the biggest public health issues we face today.”

Michael T. Bakas, Senior Vice President, Ameresco Inc.observed:

“We are honored to support Blue Cross, a leader in providing high-quality, affordable health care, in their efforts to positively impact the environment while creating local jobs and reducing their long-term energy costs to the benefit of their members. In addition, Ameresco is excited to work with BlueWave to develop these new renewable energy projects and provide community solar shares to residents and businesses in the region. These projects represent a great partnership between our three organizations.”

John DeVillars, Chairman of BlueWave noted: “This partnership further demonstrates Blue Cross’ commitment to its members and its goal of being a first-rate corporate citizen. It also reinforces BlueWave’s ongoing partnership with Ameresco to develop and build locally generated, clean energy that creates jobs, meaningfully reduces GHG emissions, and generates electricity savings for our customers. Ameresco is a national leader in developing, constructing, and operating renewable energy projects, and Blue Cross is a leader in providing quality health care to millions of people across the Commonwealth of Massachusetts. We’re proud to be working with each of them.”