CVE’s development in this promising market chiefly involves developing our own facilities, by establishing strategic partnerships and purchasing projects or assets. CVE has developed a local team experienced in solar power, enabling it to cover all development phases from site prospecting to the start of construction. CVE has forged solid relationships with specialized suppliers that operate in their area of expertise.
CVE Group intends to base its market penetration strategy on solid local partners, sharing with them the risk of development and construction. Cap Vert Energie’s strategy also involves acquiring ready-to-build projects, which make it possible to expand across the market faster.
CVE has already secured more than 7 solar installation projects in Massachusetts, totalling 36 MW, which are expected to be operational starting in 2019.
Most of the projects expected to reach completion in the years ahead will be “community solar” projects, while another strategic option will be to meet the demands of industrial or local government clients (municipalities, schools, hospitals, etc.).