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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...

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NJ 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...

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Sol 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,...

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Sol 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...

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When 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...

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Solar 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...

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Sol 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...

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NJ 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...

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December 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,...

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Massachusetts 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...

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Delaware 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...

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Renewable 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...

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Massachusetts 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...

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Sol 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...

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Sol 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...

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DOER 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...

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California 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...

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Fall 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...

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October 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...

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Sol 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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