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The Sol SOURCE, February 2017

The Sol SOURCE is a monthly journal that our team distributes to our network of clients and solar stakeholders. Our newsletter contains energy statistics from current real-life renewables projects, trends, and observations gained through monthly interviews with our team, and it incorporates news from a variety of industry resources. Below, we have included excerpts from the February 2017…

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Federal Trends to Watch

From renewable portfolio standards to net metering, solar energy progress has always been driven at the state level. Still, here are a few federal level trends to watch. 1. FERC Since the departure of Commissioner Norman Bay, the Federal Energy Regulatory Commission (FERC) lacks a quorum to issue major decisions. To address this until a replacement…

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A Look at the Customer Perspective: 7 Common Onsite Solar RFP Mistakes

Since SOURCE’s inception, we have discussed request for proposals (RFPs) at length from the developer’s perspective. We provided local developers with advice for competing with national installers who generally have a lower cost of capital and can build with lower margins, and discussed why storage is increasingly a hot topic in RFPs, though it is only viable in…

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What the Patriots’ Miraculous Super Bowl Victory (however painful) Can Teach Us about Installing Solar in Cities

Following the historic Super Bowl LI this past weekend, which featured the first ever overtime and largest comeback in the game’s history, many of us left our respective Super Bowl parties with a few takeaways: Nothing brings the country together like football (specifically: loving or hating the Patriots) Mr. Clean had the best commercial of…

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It’s Official: Maryland Aims for 25% Renewables after Overriding Governor’s Veto

If at First You Don’t Succeed…  In May 2016, renewable energy advocates were surprised to see Governor Hogan veto the Clean Energy Jobs Act (SB 921/ HB 1106), which had passed the legislature with strong bipartisan support.  The Clean Energy Jobs Act would have increased the states renewable portfolio standard and provided a modest increase…

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The Sol SOURCE, January 2017

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

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Letter from CEO Yuri Horwitz

Friends, Clients, Customers, Partners, Each year we take a collective breath as a company to take stock of where we are and what’s happening around us. This year is no exception. Below, we share our thoughts on the current state of the solar market and Sol Systems. Take a look if you’d like, and feel…

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A Glimpse into the Future: Technology Predictions for 2017

In last month’s SOL SOURCE, we looked back at top trends in solar during 2016. To start the New Year, here are three solar technology trends to watch. 1. Equipment prices continue to fall In 2016, the industry saw module prices fall from the mid-60s (cents/Watt) to the low 40s. At Sol Systems, we see this…

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10 Myths About Going Solar & The Facts

Myth 1: Solar is too expensive. The Facts:  Power purchase agreements (PPAs) require zero capital expenditure on the part of the customer. Instead, customers realize savings from day one by locking in a lower, stable, predictable energy rate for the long term. The cost of solar equipment has decreased —and continues to decrease significantly. In…

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Sol Systems Takes a Bite out of Food Waste During Bi-annual Community Service Day

Did you know that 40% of food in America is discarded rather than consumed by the 43 million Americans that are hungry? The consumer packaged goods (CPG) industry is in a powerful position to help reduce this waste. The CPG plays a huge role in the American economy as the largest single source for manufacturing…

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The SOL SOURCE, December 2016

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

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Our Most-read Articles of 2016

Since 2012, The Sol SOURCE has been providing readers like you with real-life trends in the world of solar energy finance, development, policy, and customer trends. As we close up another year and another 12 issues of the Sol SOURCE, we reflect on our most-read articles of 2016.  1.  The Rise and Stall of the…

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The Solar Industry: A Year in the Life

My, oh my. How much can change in a year. As we close out another year of The Sol SOURCE, we reflect on how much has changed between Q4 2015 and Q4 2016. Last year, the solar industry was racing to a December 31, 2016 placed in service deadline, or else facing the risk of…

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Risky Business: Assessing Risk for Offsite Renewables

Last month, we touched on basis risk as an advantage for solar compared to other energy technologies Although basis risk needs to be addressed, and is a natural starting point, we find other potential risks are often overlooked by host customers and developers. If basis risk is new to your vernacular, it might be helpful…

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The Heart and Sol Inside and Outside of the Workplace: Sol Team Members Take Action to Solarize D.C. Through Philanthropy

As a solar energy company, Sol Systems truly walks the talk in advancing our clean energy future. Historically, the firm has provided both financial and human capital to support sustainability initiatives. We call this our Heart and Sol. To do our part to ensure a more sustainable future, we launched our Giving That Matters philanthropic…

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The SOL SOURCE, November 2016

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

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Fueling the Tax Equity Machine

The extension of the ITC and bonus depreciation continues to drive a strong solar market; however, it also exacerbates the tax equity “bottleneck” experienced by many developers and investors. Looking ahead to 2017, tax equity scarcity will likely grow. In January, we estimated that $10 billion in solar tax equity would be needed annually, on…

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Room in the Breeze: Why Solar Competes for Offsite Renewables

Offsite renewables have certainly been a hot topic in 2016. Last year, corporates procured 3.24GW of wind and solar energy combined. While wind has historically comprised the majority of offsite transactions, comprising nearly 85 percent of announced transactions, GTM Research estimates over 800MW of solar will be procured by corporates in 2016, up 400 percent over…

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Celebrating Maryland Solar with Baltimore Mayor-Elect Catherine Pugh

Earlier this month, Sol Systems hosted an event to celebrate solar energy at the Christ Church Harbor Apartments, home to a 196kW rooftop system financed by Sol Systems with our partners RER Energy Group and WGL. Christ Church is a low-to-moderate income senior living facility located on the Baltimore Harbor. Baltimore Mayor-Elect Catherine Pugh, a…

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It’s Official: D.C.’s 50% RPS Becomes Law

You may have heard talk over the past couple of months about a renewable portfolio standard (RPS) expansion happening in the District of Columbia.  Well, it’s no longer just talk. Back in July, Mayor Bowser signed the initial bill, and it then went to Congress for review. Now, effective as of October 8, B21-0650, the…

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