BlueHub Capital Massachusetts Solar REC Project
Buy and retire RECs from this project to support market-based Scope 2 renewable electricity claims.
This page is for companies looking to buy high-quality, Green-e certified Renewable Energy Certificates (RECs) from a named U.S. solar program. BlueHub Capital is a nonprofit community development financial institution (CDFI) whose roughly 7 MW of solar across about 30 Massachusetts projects — on the NEPOOL grid — generates these RECs. Evertreen acts as an intermediary: we source and retire these RECs on your behalf and do not own or operate the solar systems. A REC matches one MWh of renewable electricity — it is not a carbon offset.
At a Glance
- Project type: Renewable energy / RECs (community & rooftop solar)
- Technology: Solar PV (rooftop & shared, distributed)
- Capacity: ~7 MW across ~30 Massachusetts projects
- Location: Massachusetts, USA
- Grid: NEPOOL (ISO New England)
- Community focus: Affordable housing, nonprofits & municipal facilities
- Developer: BlueHub Capital (nonprofit CDFI)
- Certification: Green-e Energy certified RECs
- Evertreen's role: Intermediary — REC retirement available through Evertreen (we do not own or operate the systems)
Who this project is for
BlueHub Capital RECs suit sustainability managers and procurement leads matching U.S. electricity use with verified renewable generation for market-based Scope 2 reporting — and companies that want their renewable electricity claim to come with a New England affordable-housing community story.
What the BlueHub Capital solar project is
BlueHub Capital is a mission-driven, U.S. Treasury-certified community development financial institution. Through its clean-energy work it has developed approximately 7 MW of solar across about 30 projects in Massachusetts — serving affordable-housing developments, nonprofits, and municipal facilities, and including community solar serving LMI housing complexes — typically lowering electricity costs by around 30%. The renewable electricity from this portfolio generates these Green-e certified RECs.
What a REC from this project represents
One REC = one MWh. A Renewable Energy Certificate represents the environmental attributes of one megawatt-hour of renewable electricity delivered to the grid. When you buy and retire a BlueHub Capital REC, you hold the exclusive right to claim that clean megawatt-hour.
Certification and tracking
BlueHub Capital RECs are Green-e Energy certified and independently audited each year. Each certificate carries a unique serial number, records the generation source, technology type, and vintage year, and is retired in an accredited REC tracking registry when claimed.
How double counting is prevented
Each REC has a unique serial number and is retired only once in an accredited registry when it is claimed. Green-e's annual verification audit confirms that only one party claims each certificate, so the same renewable megawatt-hour cannot be sold or counted twice.
Why this is a high-quality REC project
- Green-e Energy certified
- Independently audited every year
- Unique serial number on every REC
- Retired in an accredited tracking registry
- Named developer (BlueHub Capital, a nonprofit CDFI) with verifiable affordable-housing co-benefits, and Evertreen as a transparent intermediary
Evertreen's role
Evertreen acts as an intermediary for this project. We source Green-e certified RECs from BlueHub Capital's Massachusetts solar portfolio and retire them on your behalf. Evertreen does not own or operate the solar systems. A REC matches electricity use under market-based Scope 2; it is not a carbon offset and does not represent a tonne of CO₂ reduced or removed.
What your company can claim
After Evertreen retires BlueHub Capital RECs on your behalf, your organisation can report the matched electricity as renewable under market-based Scope 2 reporting (GHG Protocol), supported by the retirement documentation we provide. The affordable-housing benefits are real co-benefits of the underlying solar; the REC itself supports renewable electricity claims only — not carbon offsetting.
Frequently asked questions
What is a Renewable Energy Certificate (REC)?
A REC represents the environmental attributes of one megawatt-hour of renewable electricity delivered to the grid. Buying and retiring it gives you the exclusive right to claim that clean electricity.
What makes the BlueHub Capital project a high-quality REC project?
It is Green-e Energy certified, independently audited each year, issues a unique serial number per REC, retires each REC in an accredited registry, and is backed by a named nonprofit developer (BlueHub Capital) with verifiable affordable-housing benefits.
What registry and retirement process is used?
Each REC is recorded with a unique serial number in an accredited REC tracking registry and is retired there when claimed, which makes the renewable electricity claim exclusive to the buyer.
What claims can my company make after retirement?
You can report the matched electricity as renewable under market-based Scope 2 (GHG Protocol). RECs cover electricity-use claims only, not carbon offsetting.
How is double counting prevented?
Unique serial numbers, single retirement in an accredited registry, and Green-e's annual audit ensure only one party can claim each certificate.
Does Evertreen own the BlueHub Capital solar systems?
No. The systems were developed by BlueHub Capital. Evertreen is an intermediary that sources and retires the RECs on your behalf.
Buy RECs from the BlueHub Capital solar portfolio. Tell us your annual electricity use (in MWh) and Evertreen will handle certification and retirement.
- Green-e certified
- Retirement documentation provided
- Evertreen acts as intermediary
- Scope 2 claims guidance
Reviewed by Evertreen. Last updated: June 2026.
Sources: BlueHub Capital — Clean Energy, Green-e Energy.
Part of Evertreen's Renewable Energy Certificates for Business.
