Real Goods Solar, BlueWave Capital to Deploy Four Solar Projects in Massachusetts
GS Energy, the commercial and utility division of Real Goods Solar (Nasdaq: RSOL), and BlueWave Capital are to deploy four new solar farms in Massachusetts.
RGS Energy will design, install, monitor and maintain the four systems totaling 3.5 megawatts (MW). The company expects to begin construction in March 2014 and to be completed in June of 2014.
The fixed array ground mount solar systems will be designed to generate more than 4.5 million kilowatt hours of solar electricity annually. Over 25 years, the solar energy produced could offset more than 166 million pounds of carbon dioxide emissions, the equivalent to planting more than 1.9 million trees (estimated per EPA-based data). It will help Massachusetts reach its goal of 1,600 MW of solar power installations by 2020.