BlueWave

BlueWave operates as a developer, owner, and operator of solar and battery storage projects, primarily focusing on the Northeastern United States. Founded in 2010 and headquartered in Boston, Massachusetts, the company is a certified B Corporation dedicated to transforming access to renewable energy. In May 2022, BlueWave was acquired by Axium Infrastructure, an investment management firm, which has supported its transition from a develop-and-sell model to an independent power producer that builds, owns, and manages its projects. This acquisition allowed BlueWave to expand its capabilities beyond solar to include standalone battery storage development.

The company's core business involves identifying suitable land, such as underutilized properties or brownfields, and developing community solar farms. BlueWave designs, permits, engineers, and constructs these solar and storage facilities, managing the assets throughout their lifecycle. A significant part of its model includes agrivoltaics, or dual-use projects, which integrate solar energy production with agricultural activities like crop cultivation and livestock grazing. This approach aims to support farming communities while contributing to the electrical grid. The business generates revenue by leasing or selling land for solar farm hosting and through the energy produced. Clients include landowners, communities, national developers, and institutional asset owners.

Significant milestones include launching its solar development business in 2011, pioneering community solar in 2014, and expanding into community solar services for third parties in 2018. In March 2023, the company officially changed its name from BlueWave Solar to BlueWave to reflect its expanded focus on battery storage. By 2024, the company had developed 12 projects totaling 46 MWDC across Massachusetts, Maine, and New York. Its active development pipeline includes over 746 MWDC of solar and 2,876 MWAC of standalone storage across 13 states. The company has secured substantial financing to support this growth, including a $247 million credit facility in July 2025.

Keywords: renewable energy development, solar project developer, battery storage solutions, community solar, agrivoltaics, dual-use solar, independent power producer, solar farm development, energy storage projects, clean energy infrastructure, B Corp, renewable energy finance, solar asset management, grid resilience, solar construction, land leasing for solar, sustainable development, solar energy operator, utility-scale storage, clean energy investment