CVE North America: An experienced project developer and operator invested in the realization of our own projects
Our presence in the United States
CVE has decided to specifically go after the states of New York and Massachusetts due to their progressive policy goals that promote renewable energy, their high electrical rates, and the ability to sell the power produced to end clients in these regions through PPAs. The prime example of the market innovation in these states is the Community Solar program, which allows residents in the same territory to benefit from reduce rates for green, local electricity, without having to install solar panels on their roofs.
Thanks to ambitious state programs, CVE is developing innovative projects that will allow renewable energy to be produced and delivered to local communities. The SMART program in Massachusetts incentivizes the dual use of land for agriculture and electricity production through partnerships between CVE and local farmers. Similarly, the New York State program Reforming the Energy Vision (REV) encourages solar development through an additional compensation for the electricity produced.
CVE also aims to benefit from the innovative technological hub of North America to feed its own technological development., notably with the combination of solar and storage that offers new development opportunities.
Development of CVE North America
CVE’s expansion in this promising market begins with the full development of projects, the establishment of strategic partnerships and the acquisition of turnkey projects. CVE has assembled a local team experienced in solar energy that is skilled to cover all phases of development from site prospection to beginning of construction. CVE has established solid partnerships with specialized vendors that provide services in their area of expertise.
CVE also aims at further entering the market by building co-development projects to share the risks of development and construction. The group’s strategy also consists in acquiring ready to build projects to accelerate its implantation.
CVE already has more than seven solar installations secured in Massachusetts totaling 36 MW that should be operational in 2019.
The majority of the projects that will be developed in the coming years will be community solar, but other “behind the meter” projects will also be developed and designed to answer the onsite electrical needs of industrial clients or public entities (municipalities, schools, hospitals…).
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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