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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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SOURCE: The Sol Project Finance Journal, February 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…

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A Tough Nut to Crack: Are Investors Still Rushing into Commercial & Industrial Solar?

In the years leading up to the assumed step-down of the solar investment tax credit (ITC), a flood of investors began looking at the commercial and industrial (C&I) solar market. Why? Relatively smaller projects would be easier to place in service by a December 31, 2016 deadline and typically provided for higher returns than utility…

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Does Bonus Depreciation Matter? Yes and No.

The December 2015 omnibus bill extended 50% bonus depreciation through 2017, declining to 40% in 2018, and then 30% in 2019. As a result, some developers are expecting better pricing for their solar deals. But how much does bonus depreciation really impact an individual solar deal? Unfortunately for developers, the answer may be less than…

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How Does the ITC Extension Affect SREC Pricing?

On December 18, 2015, the solar industry scored a landmark victory by winning a multi-year extension of the solar investment tax credit (ITC). The three-year 30% ITC extension – plus the subsequent 2-year ramp down – will provide the solar industry with a strong, stable investment climate for years to come. Analysts estimate that solar…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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