WASHINGTON, USA: Sol Systems announced the launch of Sol SREC Analytics, a solar renewable credit (SREC) price forecasting tool that provides a standardized benchmark for the solar industry to utilize when transacting in the SREC space.
This new service is designed to bring much needed transparency and greater knowledge to solar stakeholders. Sol SREC Analytics provides users with the tools to easily analyze estimated capacity growth, intra and inter-state trading considerations, current and proposed demand schedules, and short and long-term pricing curves.
Short-term and long-term SREC pricing is aggregated from several sources as well as from Sol Systems' proprietary market analysis and is updated on a real time basis so that developers or investors with project opportunities in D.C., Delaware, Massachusetts, New Jersey, Ohio, and Pennsylvania (as well as some of the secondary SREC markets) can easily evaluate their expected project returns based on different market scenarios.
"The launch of Sol SREC Analytics sets a new standard for the solar industry to reference in SREC transactions," said George Ashton, CFO of Sol Systems. "It allows developers, EPC providers, investors, and property owners to better understand SREC markets and adjust their development goals or project pricing accordingly. With this new tool, we are giving the industry direct access to powerful market resources, and anticipate it will allow them to find solid footing in often volatile SREC markets."