Sol Systems attended the grand opening of the new solar energy facility located at KIPP DC’s Douglass Campus in Washington, D.C. The ribbon cutting ceremony took place today, November 14, with Dot Harris from the Department of Energy serving as the keynote speaker.
The 227 kW solar energy system is the second largest solar installation in D.C. Sol Systems financed the solar project in partnership with Washington Gas Energy Systems. Sol Systems also provided the SREC contract. Volt Energy developed the project.
“We are proud to work with local partners, Volt Energy and Washington Gas Energy Systems, to bring innovative solar energy solutions to the District,” said George Ashton CFO of Sol Systems. “This partnership is good for D.C., the environment, and for the students that KIPP DC serves. Through this partnership, we have created electricity savings for the four KIPP DC schools at the Douglass Campus and a unique educational opportunity for students.”
Green State Power, a full service solar integrator based in North Carolina, completed construction of the carport and rooftop structure under an extremely tight deadline, as construction needed to be completed by the time that students and teachers returned to the campus after summer break. Green State Power has a track record of success in both commercial and residential PV and solar thermal projects throughout the Southeast.
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 facilitated financing for thousands of projects and 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.