BlueWave
- Company typePrivate
- Founded2010
- HeadquartersBoston, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
BlueWave firmographics
Firmographics- Name
- BlueWave
- Legal name
- BWC Holdings, LLC
- Website
- https://bluewave.energy
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
BlueWave industry classification
Industry- Product category
- Solar and Energy Storage Development
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Community Solar Development & Subscription Management (EUAMAJAA)
- akta.pro secondary industries
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC)
Keywords
Where BlueWave is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BlueWave business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Solar Project Development and Ownership: BlueWave develops, owns and operates solar and energy storage projects. As an owner-operator, the company maintains involvement throughout the entire project lifecycle, from early evaluation through construction and long-term operation, generating revenue from energy generation and project ownership.
- Community Solar Subscriptions: BlueWave operates community solar programs where residents and businesses subscribe to solar projects and receive solar net metering credits applied to their monthly electricity bills, reducing what subscribers owe.
- Agrivoltaic Project Development: Dual-use solar development partnerships with landowners and farmers, providing predictable lease revenue for property owners while BlueWave manages development, permitting, construction, and ongoing performance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing determined through property evaluation |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
BlueWave product offering
Product offeringCore offering
BlueWave develops, owns, and operates solar and battery energy storage projects across the Northeast U.S., with a specialization in dual-use agrivoltaic solar that allows continued farming on the same land. The company also runs community solar subscription programs that allocate net metering bill credits to residents, businesses, and low-income households, while supplying anchor capacity to institutions such as hospitals and municipalities.
Product overview
BlueWave operates as an integrated solar and energy storage developer, owner, and operator offering a portfolio of solutions. The core offerings include Solar Development and Energy Storage as the primary product lines, complemented by Dual-Use/Agrivoltaic Solar features that integrate solar with agricultural land use. The Community Solar service enables residents and businesses to participate in clean energy benefits. The Farmers & Property Owners Partnership program provides landowners and farmers with assessment and development services for solar and storage projects. The company transitioned from a development-flip model to long-term asset ownership following its 2022 acquisition by Axium Infrastructure, now maintaining and operating projects across their full lifecycle.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Development
- Energy Storage (Battery Energy Storage Systems)
- Community Solar Subscriptions
- Dual-Use / Agrivoltaic Solar Projects
- Farmers & Property Owners Partnership Program
Quantifiable outcome
- 114,870 metric tons CO2 avoided annually, equivalent to removing 24,900 cars from the road
- +4 more outcomes
Companies that use BlueWave
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
BlueWave technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
BlueWave partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- American Farmland Trust (AFT)coreBlueWave partnered with American Farmland Trust on select agrivoltaic sites to advance understanding and deployment of agrivoltaics. AFT provided expertise in farmland preservation and agricultural operations.
- University of MassachusettscoreBlueWave partnered with UMass School of Agriculture on select sites for agrivoltaic research and development, combining industry expertise with academic research capabilities.
- U.S. Department of EnergycoreBlueWave received funding support from the U.S. Department of Energy for agrivoltaic research and deployment alongside American Farmland Trust and UMass.
- YW BostonminorBlueWave partnered with YW Boston to develop a DEI Action Plan outlining goals for equitable policies and implemented new recruitment strategies to attract diverse talent to the clean energy industry.
- Fraunhofer Institute for Solar Energy Systems (ISE)coreBlueWave collaborated with Fraunhofer ISE in Germany, drawing on their dual-use crop trial research to devise farming plans and solar array designs that work together. Fraunhofer ISE also third-party validated BlueWave's shade analysis tool.
Scale indicators11 records
Recent moves7 records
Expansion highlights5 records
BlueWave competitors and assessment
Company assessmentDirect peers
- Cypress Creek Renewables: Cypress Creek Renewables is one of the largest community solar and utility-scale solar developers in the United States, with overlapping expertise in community solar subscription management, project development, and long-term asset ownership — directly comparable to BlueWave's core developer-operator model.
- Summit Ridge Energy: Summit Ridge Energy is a leading community solar developer and owner-operator with multi-state projects in the Northeast and Mid-Atlantic. BlueWave's COO previously led technology and procurement at Summit Ridge, underscoring direct comparability in community solar development and distributed generation ownership.
- Pivot Energy: Pivot Energy is a community solar and distributed generation developer operating across multiple U.S. states with a similar subscriber-based business model. It competes directly with BlueWave for community solar RFPs and utility program capacity.
- Nautilus Solar Energy: Nautilus Solar Energy develops, owns, and operates community solar projects across the U.S., with a comparable owner-operator strategy and subscriber management focus overlapping with BlueWave's community solar business.
- Pine Gate Renewables: Pine Gate Renewables is a utility-scale and community solar developer with growing solar-plus-storage project focus. BlueWave's CIO previously held senior roles at Pine Gate, indicating direct comparability in development, storage, and capital deployment strategy.
- ForeFront Power: ForeFront Power develops community solar, distributed generation, and storage projects for commercial, public sector, and residential subscribers across multiple U.S. states — directly comparable in business model, geography mix, and customer segments.
- Borrego Solar: Borrego Solar is a commercial, community, and utility-scale solar developer with EPC and developer-owner capabilities. It overlaps with BlueWave in community solar subscription programs and behind-the-meter / front-of-meter project development.
Broad incumbents
- Clearway Energy Group: Clearway Energy Group is a large diversified renewable energy developer and owner-operator of solar, wind, and storage assets. It is a broader incumbent that overlaps with BlueWave in distributed solar and storage ownership but operates at significantly larger scale.
- EDF Renewables: EDF Renewables is a global renewable energy developer with significant U.S. utility-scale solar and storage operations. It is a broad incumbent whose North American footprint competes with BlueWave for IPP customers, land, and interconnection capacity.
- Lightsource bp: Lightsource bp is a global utility-scale solar developer and operator with growing community solar and agrivoltaic initiatives. It is a broad incumbent whose U.S. expansion and solar-plus-storage focus overlap with BlueWave's development pipeline.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BlueWave social profiles
Digital presenceBlueWave compliance and trust
Trust signalCompliance2 records
BlueWave financial estimates
Financial estimateRevenue estimate
Valuation estimate
BlueWave leadership team
Management profileNumber of profiles
Profiles11 records
BlueWave subsidiaries and ownership
Company hierarchySubsidiaries11 records
BlueWave funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BlueWave M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BlueWave
What does BlueWave do?
BlueWave develops, owns, and operates solar and battery energy storage projects across the Northeast U.S., with a specialization in dual-use agrivoltaic solar that allows continued farming on the same land. The company also runs community solar subscription programs that allocate net metering bill credits to residents, businesses, and low-income households, while supplying anchor capacity to institutions such as hospitals and municipalities.
Is BlueWave a public or private company?
BlueWave is a private company. It is classified as private equity controlled and is currently operating.
When was BlueWave founded?
BlueWave was founded in 2010. It employs 101 to 250 people.
Where is BlueWave based?
BlueWave is headquartered in Boston, United States, in the North America region.
How does BlueWave make money?
Three revenue lines are on record. Solar Project Development and Ownership is the primary driver. The others are community Solar Subscriptions and agrivoltaic Project Development.
Who are BlueWave's main competitors?
Direct peers on record are Cypress Creek Renewables, Summit Ridge Energy, Pivot Energy, Nautilus Solar Energy, Pine Gate Renewables, ForeFront Power and Borrego Solar. Broad incumbents are Clearway Energy Group, EDF Renewables and Lightsource bp.
Does BlueWave have an API?
No public API is recorded for BlueWave.
What industry is BlueWave in?
BlueWave's product category is Solar and Energy Storage Development. Its primary akta.pro industry code is EUAMAJAA, Community Solar Development & Subscription Management, with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114 and its SIC code is 4911.