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What’s It Like to Intern at Sol Systems? I’ll Tell You.

As summer approaches, Sol Systems is in the process of hiring interns with an interest in either communications, finance, policy, or asset management. What’s it like to intern at Sol Systems? Our Communications Intern – and soon-to-be newest member of the Customer Service team – shares his experience. The word “intern” doesn’t carry the same…

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Giving that Matters: April Community Service Day Targets Environmental Stewardship

During one of our bi-annual community service days, Sol Systems worked to restore and protect vegetation in our D.C. and San Francisco communities. The Anacostia Watershed Society (AWS) and Golden Gate National Park Service (NPS) were our service project partners. AWS is a non-profit working to restore the Anacostia River and its tributaries to be…

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Development Capital: Giving Local and Regional Developers a Leg up on the Competition

It is not always easy being a local or regional solar developer going head-to-head with a national giant to win business. In requests for proposals and otherwise, national, sometimes publicly traded companies often beat out localized partners due to a much lower cost of capital. In addition, regional developers – sometimes with a team of…

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SOURCE: The Sol Project Finance Journal, April 2016

SOURCE is a monthly solar project finance journal that our team distributes to our network of clients and solar stakeholders. Our newsletter contains solar statistics from current real-life solar projects, trends, and observations gained through monthly interviews with our solar project finance team, and it incorporates news from a variety of industry resources. Below, we have included excerpts…

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Is Community Solar Too Complicated for Tax Equity Investors?

Community solar – or shared solar – has been getting a whole lotta love lately. At the end of March, The Washington Post published an article entitled “Why this new solar market could be set to explode,” pointing to a report from Rocky Mountain Institute estimating that the untapped market for “community-scale” solar could be somewhere…

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Raising the Bar: States Move to Increase Renewable Portfolio Standards

Have you missed out on some of the latest renewable portfolio standard (RPS) updates? Don’t worry – we’ve got some of the major markets covered for you, and in one place. D.C. – Councilmember Mary Cheh put forth a 50% by 2032 RPS bill, which included a 5% solar carve-out. Without a legislative change, the…

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New Solar Interconnection Standards Adopted in New York and Next Steps

What? This past March, the NY Public Service Commission (PSC) issued an official update to its Standard Interconnection Requirements (SIR) regarding New York grid connection for solar and other distributed resources. The updated guidelines allow for more standardized and expedient interconnection of projects to the New York state grid. By putting in place a simpler…

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Rhode Island’s RE Growth Program: Sailing Steady in the Ocean State

For anyone looking to test the solar energy waters in Rhode Island, mark your calendars for April 18th at 9 a.m. National Grid has gotten approval from the Rhode Island Public Utilities Commission for its 2016 Renewable Energy (RE) Growth program. The first Open Enrollment for solar energy projects greater than 25kW will open on…

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Talkin’ ’bout My Distributed Generation

Anyone working in clean tech today (or paying attention) knows that the disruption in the U.S. energy infrastructure is picking up speed. Take solar alone. The U.S. installed over 7GW of solar in 2015, up 16% over 2014, and the largest annual total to date (source: GTM Research). Plus, GTM forecasts we’ll install 16GW of…

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A Tale of Two Carolinas

It was the best of times, it was the worst of times. North Carolina is the country’s #2 solar market, but the 35% state tax credit is no more. Without the state tax credit, the Tar Heel state starts to look a lot more like its neighbor to the South. And that’s not a bad…

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SOURCE: The Sol Project Finance Journal, March 2016

SOURCE is a monthly solar project finance journal that our team distributes to our network of clients and solar stakeholders. Our newsletter contains solar statistics from current real-life solar projects, trends, and observations gained through monthly interviews with our solar project finance team, and it incorporates news from a variety of industry resources. Below, we have included excerpts…

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The Solar Development Landscape is Shifting. Are You Ready?

In January, we wrote about how state-level battles over net metering and rate design will push the industry closer to self-consumption. Moreover, challenges to PURPA are encouraging some utility-scale solar developers to finance their deals through wholesale power contracts. Meanwhile, GTM Research estimates that more than half of all utility-scale solar – more than 6GW…

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Employee Spotlight: Jade Turpin

When did you first become interested in a career in solar energy? It is important that I lead a purpose-driven life and I place high value in spending time supporting a social, economic, or environmental challenge. Energy is a critical asset, essential for society to optimally function. My interest in power generation was piqued during my time…

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Will the Clean Energy Jobs Bill Stabilize the Maryland Solar Market?

According to the latest Solar Jobs Census, Maryland ranks #12 in solar jobs nationally, with nearly 4,300 solar workers cross the state. 40,485 homes were powered by solar as of The Solar Foundation’s latest report. The growth of the Maryland solar market is largely due to the state’s renewable portfolio standard (RPS), which has created…

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So, You’re Developing a Sub-500kW Solar Project…

Sol Systems reviews all types of solar projects for investment, from small non-profits up to large utility- scale solar farms, and everything in between. Sample projects include a 197kW apartment building in Baltimore, a 658kW church in San Jose, and even multi-megawatt solar farms in North Carolina. While we have experience executing on sub-500kW projects,…

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Sol Systems Participates in Women in Solar Energy Round Table

Sol Systems is proud to have participated in the second annual #NationWISE Women in Solar Energy round table event on Tuesday, February 23. The multi-city round table had over 700 attendees, and sold out in multiple cities including in Washington D.C., where Sol Systems chaired the event with local partners. Several Sol Systems employees attended…

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New Jersey’s Energy Storage Incentive

Last year, New Jersey, in an attempt to improve the resiliency of their electricity infrastructure as well as for load shifting and frequency regulation, sought to incentivize behind the meter energy storage. The initial program, The Renewable Electric Storage Incentive, was aimed primarily at solar + storage installments and allotted $3 million to 13 separate…

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Massachusetts’ SREC II Program: A New Hope?

For anyone interested in the solar energy industry, lately Massachusetts is synonymous with hitting solar energy caps. We have discussed the Commonwealth’s net metering caps at length, and have reported as the cap for the Solar Carve-Out II Program (SREC II) has neared.  With another update from the Massachusetts Department of Energy Resources (DOER) last…

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Virginia’s Solar Legislation: Will It Live to See Another Day?

For a brief period at the beginning of 2016, Virginia’s legislature looked like it might have been gearing up to strap down and improve the solar market in the state. Such legislation is necessary, as Virginia ranks 32nd in the country with only 18MW of solar energy installed according to the Solar Energy Industries Association…

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State Solar Jobs Census: Takeaways from Major Markets

Earlier this month, The Solar Foundation (TSF) released its annual State Solar Jobs Census, a state-by-state breakdown of its national report on the solar industry. The 177 page Solar Jobs Compendium summarizes data through Q3 2015 for each state, including growth projections for 2016. We’ll look at the major takeaways by region. New England The…

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