Sol Systems Logo
Menu

Net Metering: The Class of 2015

The solar energy industry ended 2015 on a high note with the approval of the Clean Power Plan, the successful international climate agreement at COP 21, and the extension of the solar investment tax credit (ITC). However, alongside federal policy, state policies can make or break solar energy. In particular, net metering is a policy…

Read More

How Real is the MA SREC II Crunch?

You’ve all heard about the rush for allocations in the Massachusetts SREC-II market.  The outstanding question is just how real the project queue is. We feel there are two categories of projects likely to churn out of the program, creating an initial source of massive churn in the next few weeks and an ongoing source…

Read More

Massachusetts SREC Program is Hitting its Cap…Again

In case you haven’t heard, the Massachusetts SREC-II program is a mere 22MW away from reaching its cap. You may be asking yourselves what happened. So were we… until we did some digging. Here’s how it happened: On Tuesday, January 5th, the Massachusetts Department of Energy Resources (DOER) announced that 120MW would be set aside…

Read More

Employee Spotlight: Jessica Robbins

At Sol Systems, our team is our most valuable asset. Their dedication and passion for bringing creative financing solutions to the solar industry are essential to our company’s success. We are proud to employ some of the brightest talent in the renewable energy sector. This month, we sat down with Jessica Robbins, a Senior Associate on…

Read More

SOURCE: The Sol Project Finance Journal, January 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…

Read More

No Sleep ‘Til…? After ITC, State Battles Take Forefront

In case you have been living in a cave or took a long holiday vacation off-grid (even then, wouldn’t you have heard?), the solar industry landed another three years of ITC at 30%, then 26% in 2020, 22% in 2021, and a permanent 10% for commercial and utility thereafter. As we breathe a sigh of…

Read More

3 Immediate Effects of the ITC Extension on the U.S. Solar Landscape

On December 18th, the U.S. House and Senate passed the Consolidated Appropriations Act of 2016, which included a multi-year extension of the solar investment tax credit (ITC). Now that we have another 5 years of ITC, here are three basics effects the extension will have on the U.S. solar landscape. 1)      More [expensive] tax equity…

Read More

2016: Rush Hour is Over, But…

Q4 is always the most intense part of the year for the solar industry, as developers and EPCs rush to complete year-end deadlines. This Q4 was no different. In fact, it was even more so. Financiers all rushed to close 2015 deals. Developers rushed to lock in 2016 pipeline. MUSH hosts were rushing to issue RFPs…

Read More

The Heart of Sol: Holiday Giving

Not only is Washington, D.C. home to Sol Systems’ headquarters, and capital of one of the richest countries in the world , it is a city where 18.8% of its residents live below the national poverty line (USDA, 2013). The District also has our nation’s sixth highest rate for child food insecurity, a key trigger in…

Read More

SOURCE: The Sol Project Finance Journal, December 2015

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…

Read More

Our Most-Read Articles of 2015

Since 2012, SOURCE: The Sol Project Finance Journal, has been providing you with real-life trends in solar finance and development. All articles in SOURCE are written after close consultation with our origination and investment teams on what they are seeing in the market. Additionally, we work to identify issues the industry should address to achieve…

Read More

New Utility-Scale Markets Are Opening. Will It Last?

We’re increasingly seeing larger and larger projects and portfolios coming in with extremely low PPA rates, sometimes as low as 4 – 5 cents/kWh. Why? Or better yet, how? As costs have come down – both on the soft costs and also hard with falling technology prices – more markets have opened up for utility-scale…

Read More

Net Metering Round-up: Caps Hit in Key 2017 Markets

Net metering caps are being hit across the Northeast and California. The problem? In a post-ITC world, these [now uncertain] markets are expected to be the most robust for commercial and industrial (C&I) solar (visualize it at Raceto2017.com). In late November, the Massachusetts State House and Senate failed to come to an agreement on legislation…

Read More

Sol Systems COO Stephanie Smith Recognized with Female Executive Award

We know that Sol’s Stephanie Smith is great, but it’s still nice to get a plaque confirming it. The 2015 Stevie Awards for Women in Business were announced last month, and Sol Systems COO Stephanie Smith won a Gold Stevie Award for Female Executive of the Year. The Stevie Awards for Women in Business are…

Read More

Sol CEO Yuri Horwitz Elected to SEIA Board of Directors

Sol Systems CEO Yuri Horwitz has been elected to the Board of Directors for the national Solar Energy Industries Association (SEIA). The election results were announced last week following a vote by SEIA’s membership at-large at its board meeting in Austin, TX. “Solar is now the fastest-growing source of energy in the United States, and…

Read More

Who Will Weather the Solar Finance Storm?

Semper Paratus ad Expensis It has been a stormy few weeks in the solar industry; stock market volatility has not been kind to some of the major sources of project finance. The beginnings of some uncertainty started at the end of October, and right now, we are hearing from individual developers that some of their…

Read More

SOURCE: The Sol Project Finance Journal, November 2015

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…

Read More

2016: Get It Done

Year after year, we see similar trends in Q4 as developers and EPCs rush to complete deals to meet investors’ and various incentives’ end-of-year deadlines. Q4 is typically the biggest quarter of the year for installs, and 2016 may be the biggest surge of them all. This means that next year will carry a sense…

Read More

The Comeback Kids: New Jersey and Pennsylvania

Don’t call it a comeback; we’ve been here for years. Pennsylvania and New Jersey, the poster children for solar market volatility, are making a comeback. After dipping to a market low of $70/SREC in 2012, New Jersey solar renewable energy credits (SRECs) hit $285/SREC for three-year contracts; that’s better than the Massachusetts SREC II program,…

Read More

Southeast Solar is Cooking. Will it Matter in 2017?

Do you smell what the Southeast is cooking? Things are heating up in Florida after the State Supreme Court ruled in favor of an amendment that would allow rooftop solar PPAs for projects 2MW and under. Pro-solar advocacy group Floridians for Solar Choice (not to be confused with the utility-funded, anti-solar group, Consumers for Smart…

Read More