Learn more about CVE’s activities in North America on our dedicated website: cvenorthamerica.com

CVE North America: creating solid local partnerships to develop, acquire, own and operate solar projects

Our presence in the United States

CVE North America has established itself as one of the fastest growing independent power producers (IPPs) in the northeast. Initially focusing on community solar projects in Massachusetts, CVE has “flipped the switch” on nearly 35MWs of self-developed solar farms in late 2020 and early 2021. With more projects in construction and a growing development pipeline, CVE has recently doubled its staff and is expanding development through other northeast and mid-Atlantic states. While we are not exclusively tied to community solar, we recognize the value, and support the mission, of delivering lower priced, clean energy to local communities, specifically the low and moderate income (LMI) segment. Through our community solar offer Halo, customers can subscribe to our solar projects in their region and benefit from utility bill savings to residents of the region to benefit from without having to install solar panels at their homes. CVE currently has about 1,000 community solar subscribers across Massachusetts, who are supporting local solar while saving up to 10% on their electricity bills.

Learn more about community solar at www.halosolar.com

Throughout the world, and specifically in the US, CVE is a long-term owner of assets. Our goal is to bring the highest possible value to landowners, either through a cash purchase of a parcel of land or a 25-40 year lease. CVE carefully tracks the varied and often changing federal and state programs designed to support the solar industry, keeping us prepared to enter new regions or provide novel solutions including solar + battery storage or solar greenhouses which allow for solar and agricultural production.


Development of CVE North America

CVE has developed a NYC based team with decades of combined experience in solar, enabling it to cover all phases of project development from site prospecting through construction. For specific areas of expertise CVE has established solid partnerships with several of the leading firms in the industry.

CVE’s strategy also involves the acquisition of ready-to-build projects, to accelerate the achievement of the company’s ambitious targets. Most acquisition opportunities fall in the community solar arena, or are projects with long term buyers of the power such as industrial customers, municipalities, schools, hospitals, etc..

Conscious to better serve our communities and their environment, CVE has implemented pollinator friendly solar practices – backed by research from the University of Massachusetts  Clean Energy Extension–  in all solar sites in the Unites States, planting native wildflowers and plants under and around the solar panels to benefit local biodiversity.

As part of our Green Initiative, CVE has also committed to donate one dollar for each solar panel we install in a community. The donation will support local environmental nonprofit organizations working towards tree planting, land conservation, protection of local wildlife and biodiversity, education to environmental protection.

Our first donation in 2019 amounted to $11,500 and benefited the Buzzards Bay Coalition in Massachusetts and we are expecting to donate an additional $80,000 in the coming year

A solar farm is a large photovoltaic system (PV) made of ground mounted panels designed for the supply of clean power into the electricity grid. They vary in size from about 2 to 20 megawatts (MW). For example, a 2 MW solar farm is typically located on approximately 8 acres and can power up to 400 to 500 homes.

CVE is committed to developing projects only in suitable areas, while taking into consideration the needs of the neighborhood and the distinct characteristics of the town. We work with professional appraisers to evaluate any current or potential impact.  Studies have found no negative impact on surrounding property values.  When needed, we screen our projects with native evergreen trees to minimize (and in most cases eliminate) any visual impact on neighboring properties.

Unlike other large-scale electricity generating facilities, solar installations are relatively noise-free. They are sometimes reported to produce a consistent, soft hum during the day, that is nearly impossible to hear from outside the fence line. The system’s inverters and transformers may produce a sound when operating during peak power production hours. That sound is equivalent to the amount of noise created during a normal conversation. Our projects usually have a buffer upwards of 100 feet so any noise produced during the day will likely be inaudible to neighboring properties.  At night, the solar farm will not be active and will not produce any sound.

Once the construction process of a solar farm begins, we estimate the build phase to take between two and twelve months, depending on the size of the project.  However, the development phase during which all environmental and ministerial permits are acquired can take upwards of two years.  Once a farm is completed, it can last upwards of 40 years or more, after which CVE will decommission the site.

Solar farms generally require very little maintenance. CVE will service the inverters and transformers as well as ensure that the grass and other plants won’t grow too high beneath the panels. We also plan on growing pollinator friendly plants beneath our panels to help the local ecosystems.

CVE has made the commitment to work with the town to ensure that all residents can benefit from the solar projects in several ways. Eligible community members will be given the opportunity to become subscribers of our community solar program, which will offer electricity at a reduced rate for both residents and businesses.

Solar farms also help stimulating the local economy by providing an important source of local revenue for communities. During construction, permanent local construction jobs are generated and significant revenues are received to the town’s hotels, hardware stores, and restaurants.  During operations, solar farms will also provide the community with tax revenue.

100% of the costs associated with the decommissioning of the site will be covered by CVE . Landowners or residents of the area will not pay any cost associated with the removal of the panels.

CVE will have the modules collected for recycling, and the inverters for recycling at the end of the useful life of the solar farm. The land will then restored to its initial state and will be repurposed for agriculture or other uses.

CVE is committed to producing clean, renewable energies in order to meet environmental and energy needs of companies and local communities. Through our activities as power producer, we want to be drivers of the energy transition towards cleaner energy for our climate, our planet and our health. In our management system, we are invested in preventing pollution and promote corporate and social responsibility at every level of activity.

The protection of the local environment is also at the core of our values. We work with the local Conservation Committee of each town to ensure our strict compliance with the environmental rules, with the Wetland Act and with the town’s Solar Bylaw. More than limiting our impact on the environment, we also want to make sure that we improve the area where we locate our installations. In most cases, we intend to plant native pollinator friendly vegetation beneath and around our solar panels to provide nutrition to bees and other pollinators, who play a major role in maintaining our ecosystems and food source. Although we generally try to locate our solar installations on brownfield or cleared site, in the situation where we would have to cut trees, we plan to work with land conservation or tree planting organizations to offset the trees cut. Ensuring that our solar installations benefits the town and its environment is among our priorities.

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