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 DOER released a statement Wednesday, March 13  providing further notice to all stakeholders of two public meetings that will take place this Friday, March 22.

At a morning stakeholder meeting, the DOER will unveil the policy objectives and potential changes under consideration for a post-400 MW solar policy in Massachusetts. The meeting will give market participants a chance to provide comments ahead of any final decision on this key policy. A legislative public hearing will follow in the afternoon, to separately address the on-going rulemaking of the 225 CMR 14.00 regulation of the current Solar Carve-Out Program.

Neither meeting will be accessible by phone or video. However, the presentation from the stakeholder meeting will be made available on the DOER’s website, following the meetings. The DOER will accept written stakeholder comments on the post-400 MW policy presentation and discussion through April 8, 2013. The DOER is also accepting written comments on the proposed 225 CMR 14.00 regulation, through March 25, 2013.

Sol Systems plans to attend these hearings and will provide further updates through our blog this Friday, following the meetings.  Please contact info@solsystemscompany.com or (888) 235-1538 ext. 1 with questions about the Massachusetts SREC market.

About Sol Systems

Sol Systems is a boutique financial services firm that offers investor clients direct access to the renewable energy asset class and provides developers with sophisticated project financing solutions. Founded in 2008, Sol Systems focuses on meeting the most critical needs of the industry, including SREC monetization, capital placement, tax equity, and New Market Tax Credits. To date, the company has arranged financing for thousands of projects and facilitated hundreds of millions in investment on behalf of Fortune 100 companies, private equity, family offices and individuals.

For more information, please visit www.solsystemscompany.com.