Financing Projects with SRECs: Maryland, Massachusetts, and Washington, DC
Recorded on June 13, 2013 (60 minutes)

This Webinar is Public: Free to SEIA members and non-members.

Originally recorded on June 13, 2013

SRECs have been critical to driving solar development on the East Coast. However, as market conditions become increasingly complex, what is the best strategy for financing projects in these SREC markets? Panelists will:

  • Debate strategies for financing projects in three most promising of the East Coast SREC markets - Maryland, Massachusetts, and Washington, DC
  • Discuss factors that may affect the value of this commodity-based incentive
    • supply and demand
    • pending and recently passed legislation
    • unique market dynamics such as the Massachusetts Clearinghouse
  • Discuss SREC market oversupply and the feasibility of securing a long-term contract in these markets

Attendees will deepen their understanding of

  • Supply and demand dynamics in the MD, MA, and DC markets
  • Recently passed and pending legislation, and how it will affect SREC markets
  • Whether or not long term contracts opportunities exist in the markets and if they donít the best SREC Strategy in each market
  • Factors that make each market unique and how that affects prices
  • Spot Market and process for long term strips in each market
  • How to finance large commercial projects in SREC states

Who should attend:

  • Developers in developing projects in the Maryland, Massachusetts & DC markets
  • Solar investors looking to gain access to the MD, MA & DC markets
  • Solar Installers operational or hoping to gain access to the MD, MA or DC markets

Speakers

 

 

 

 

Carrie Hitt, Senior Vice President of State Affairs, SEIA

 

 

 

 

George Ashton, Vice President & CFO, Sol Systems LLC

 

 

 

 

Michael Judge, Associate RPS Program Manager, Massachusetts Department of Energy Resources

 

Michael Judge is the Associate Manager of the Massachusetts Renewable Portfolio Standard (RPS) Programs and has specifically managed the stateís RPS Solar Carve-Out Program since it was launched in early 2010. In this role he carries out most of the day to day administrative duties related to the RPS programs, fields questions related to the programs, provides market participants with up to date information, and assists in the drafting of program regulations, guidelines, reports, and other related studies. Prior to his time at DOER, he worked at the Massachusetts Clean Energy Center on the implementation and administration of their solar rebate programs. He is a graduate of UMass Amherst and a lifelong Massachusetts resident.

 

 

 

 

Amber Rivera, Renewables Trader, Sol Systems LLC

 

 

 

 

Scott Wiater, President, Standard Solar

 

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