Bluewave Solar Named To Boston Business Journal's 2017 Fast 50 List AND Achieves Certified B Corp Status
APRIL 12, 2017
Honor reflects BlueWave’s strong performance and success as a Massachusetts based solar company
Boston, MA – April 7, 2017
The Boston Business Journal has named BlueWave Solar (BlueWave) to their 2017 Fast 50 list of the 50 fastest-growing private companies in Massachusetts. The Fast 50 winners were selected and ranked by the Boston Business Journal based on a formula that counts revenue growth in the preceding three years. It is the ninth year of this awards program, known in past years as “Pacesetters.”
According to the Boston Business Journal, nearly 160 privately held companies applied for inclusion by submitting nominations that included financial performance. The Boston Business Journal and Withum evaluated the figures provided to determine the rankings. Only those firms with Massachusetts headquarters and revenue of at least $500,000 in 2013 and $1,000,000 in 2016 were considered.
Having been nominated for this award and based on the evaluation process conducted, BlueWave was one of the fifty companies selected for this honor. The final rankings of each company will be revealed at the awards ceremony on May 11, 2017.
BlueWave CEO and co-founder, Trevor Hardy reacting to the announcement commented that, "We are proud and honored to have been named one of the fastest growing private companies in Massachusetts by the Boston Business Journal. The 2017 Fast 50 award is a reflection of the hard work and determination of our team, which has grown our company to what it is today, a best in class solar company committed to providing Solar for the 100%."
BlueWave Chairman and co-founder, John DeVillars added, “We are demonstrating that mission-driven clean energy businesses can do well by doing good. It is testimony not only to our values but, importantly, to our colleagues at BlueWave and to the landowners, cities, towns, housing authorities, schools, private companies, and 1400+ community solar and solar loan customers and their commitment to clean and renewable power.”
Boston, MA – April 13, 2017
BlueWave Solar (BlueWave) is proud to announce that it has become a Certified B Corporation. After a rigorous and dedicated process BlueWave joins a community of companies around the world that are committed to doing business not just for success, but for the greater good. The B Corp community is a direct reflection of BlueWave’s mission of providing access to clean, renewable solar energy to everyone, everywhere.
There are over 2,000 Certified B Corps from more than 130 industries in 50 countries with 1 unifying goal to redefine success in business. Unlike traditional corporations, B Corporations are legally required to consider the impact of their decisions not only on their shareholders, but also on their stakeholders (e.g., workers, suppliers, community, consumers, and the environment).
BlueWave believes it can be a better company in the world and for the world. Our mission to make clean energy accessible to everyone, everywhere includes our company contributing to that positive change. Using business as a force for good is not just good business, it's the only way we want to do business.
In one step towards being a better company for the world, BlueWave is celebrating its B Corp certification by planting 150 trees through the National Forest Foundation’s tree planting program. These trees will absorb 7,200 pounds of CO2 annually. We recognize that defending our natural resources is our greatest legacy and as a solar company we need to do all we can to protect it. These trees will be planted by the US Forest Service in one of our great National Forests.
Joining the B Corp community is strongly aligned with BlueWave’s mission. We want the values we share to be woven throughout everything we do. Positively impacting the communities we work with, live in and support is the right thing to do and we look forward to doing it with our fellow B Corporations.
Reacting to the news that BlueWave has become a Certified B Corporation, BlueWave’s Chairman, John DeVillars said, “We are a mission-driven enterprise dedicated to meeting the generational challenge of climate change. Achieving the B Corp certification demonstrates our commitment to that goal. We are excited to be joining the B Corporation community of companies from around the globe that share those same values and work together to ensure those values are met.”
BlueWave Solar CEO Trevor Hardy added, “I am so proud of this achievement. It is a reflection of our founding principle, set in 2012, which is to provide access to solar to everyone, everywhere. Becoming a B Corp also reflects how we conduct our business, considering our impact in every decision we make, for our customers, our company and our employees. There is no doubt that we could not have achieved this goal without the hard work and commitment of every single one of our employees as well as the trust and confidence of our customers and partners. I look forward to our joining the B Corp community and transforming how business can have a positive impact on our world.”
About BlueWave Solar
BlueWave Solar (BlueWave) is a solar energy company founded on a mission to make solar available to everyone, everywhere. Driven to transform the energy status quo, BlueWave enables communities to take control of their energy production and consumers to choose local, low-cost power through our suite of consumer solar product, including the BlueWave Community Solar Share and the BlueWave Home Solar Loan. That’s our vision for a cleaner planet. And it’s our energy solution for the “100%”.
BlueWave has delivered more than $4.5 million in annual savings for customers and more than $125 million in savings over the life of contracts while reducing CO2 by 50,000 metric tons annually - the equivalent of taking 10,000 cars off the road.”
Visit us at bluewaversolar.com to learn more. For more solar and BlueWave news follow us on social media.
FOR IMMEDIATE RELEASE
Contact: Mark Sylvia – Managing Director: External Affairs Telephone: (508) 858-7123