New Bedford's newest solar project was unveiled Tuesday afternoon at New Bedford Business Park, bringing the city's total number of large-scale projects to ten.

The ten solar projects and one wind project will generate enough alternative energy to power two-thirds of the city's municipal facilities.

Mayor Jon Mitchell says it will also pass the savings on to residents.

"This particular project here will produce enough energy each year to power 460 homes and is expected to eliminate the emission of 3,700 tons of carbon dioxide," Mitchell said.

Taxpayers will save an estimated $30 million over the next 20 years.

Other local municipalities including Dartmouth and Cape Cod Community College will draw power from the solar panels.

The project is named after former executive director of the Greater New Bedford Industrial Foundation, Tom Davis.

Davis helped revitalize the business park by bringing in dozens of new companies and says he's honored by the dedication.
The project was developed by investment company BlueWave Capital and developer SunEdison..

Greg Desrosiers/TSM