The 2 SREC Markets
When talking with potential customers at Sol Systems, it is often interesting to hear the diverging views on the benefits and drawbacks of selling Solar Renewable Energy Credits (SRECs) through spot...
View ArticleNJ Solar Driven by SRECs (Even More than Before)
New Jersey has been the leading SREC market in the U.S for some time, but the phase-out of the REIP program and the introduction of the SREC Registration Program (SRP) mean that New Jersey’s solar...
View ArticleSol Systems Welcomes Andrew Gilligan To Its Team
Sol Systems is proud to welcome a new member to its team. Andrew Gilligan will be joining the company full-time beginning in late June as an Analyst and will be responsible for customer relations,...
View ArticleSol Systems Presents Nationally on SRECs Markets & Best Practices
Yuri Horwitz, Sol Systems’ CEO, has spoke extensively about the United States’ SREC markets at a number of recent conferences, including a presentation at PV America, held in Philadelphia Pennsylvania...
View ArticleWhen is 1 MWh of solar electricity equal to 1 SREC?
Many definitions of solar renewable energy credits (“SRECs”) say that an SREC is equivalent to one megawatt-hour (1,000 kilowatt hours) of electricity generated by a solar facility. While this is...
View ArticleSolar Analyst Position
As Sol Systems continues to grow, we are looking for bright, motivated individuals to become part of our team and contribute directly to the success and sustainability of our business. Currently we...
View ArticleSol Systems at SPI
Next week, the Sol Systems team will be traveling to Dallas, Texas to attend the Solar Power International conference. SPI is the largest solar power and trade show in North America, and with over...
View ArticleNJ Senate Environment and Energy Committee Passes S1925
During the May 17th Senate Environment and Energy hearing, the New Jersey committee passed legislation to alter the state’s current Renewable Portfolio Standard. In addition, S1925 underwent several...
View ArticleDecember Solar Project Finance Statistics
Every month, Sol Systems distributes a newsletter, the SolMarket Project Finance Journal, to our community of solar developers and investors. The journal features solar finance statistics, trends,...
View ArticleMassachusetts DOER Announces Solar Policy Stakeholder Meetings
On February 22, the DOER announced their intent to actively develop policy to maintain the growth of the solar PV market in Massachusetts, beyond the 400 MW cap of the current RPS Solar Carve-Out. The...
View ArticleDelaware Procurement Program Results in Low SREC Prices for Successful Bidders
On May 1, 2013, the Delaware Procurement Program announced the final results for their 2013 program. The results show a significant decrease in the contracted price per SREC as compared to the 2012...
View ArticleRenewable Portfolio Standards Face Stiff Opposition Across the Country
Renewable Portfolio Standards across the nation are under re-examination by state lawmakers, aiming to diminish or eliminate these programs. Despite benefits to local economies and environments, some...
View ArticleMassachusetts DOER Updates Solar Stakeholders on Emergency Regulation and...
This morning was a big one for the Massachusetts solar market. After the surprising announcement that the Massachusetts Department of Energy Resources (DOER) had already received well over 400 MW of...
View ArticleSol Systems’ George Ashton Named as Finalist for CFO of the Year
George Ashton, CFO of Sol Systems, is a finalist for the Washington Business Journal’s CFO of the year award. The Washington Business Journal has named Sol Systems’ CFO George Ashton as a finalist for...
View ArticleSol Systems Seeks Full-time Portfolio Manager
Position: Portfolio Manager Sol Systems is seeking a full-time Portfolio Manager to lead its Solar Renewable Energy Credit (SREC) business. The right candidate lives in, or would relocate to, the...
View ArticleDOER Releases Updated SREC-II Proposal: What Does It Mean for the MA Solar...
Massachusetts DOER released it most recent version of the proposed program design for the next phase of the solar carve-out program (SREC-II). After two months of diligently reviewing comments...
View ArticleCalifornia Solar Incentive Alert: Re-MAT Feed-in Tariff Program
On October 1, 2013 California IOUs will begin accepting Re-MAT applications for qualifying facilities. Pursuant to Senate Bill 32 of 2009, the California Public Utilities Commission (CPUC) implemented...
View ArticleFall 2013 Incentives Roundup
Long Island and Rhode Island will open their enrollment periods in October 7th and 23rd, respectively The Long Island Power Authority announced that the Clean Solar Initiative would start its second...
View ArticleOctober 2013 Project Finance Statistics
Our monthly project finance journal contains solar finance statistics, trends, industry news, and SREC market information. Contact our team at finance@solsystemscompany.com or 888-235-1538 x2 for your...
View ArticleSol Systems Closes 1.2 MW Transaction for Maryland Nonprofit, Leveraging...
Sol Systems recently financed a 1.2 MW solar project in Maryland. Sol Systems has successfully financed a 1.2 MW solar project in partnership with its investor client, Washington Gas Energy Systems, a...
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