Archive for the ‘SRECTrade News’ Category

SRECTrade and USPV Combine as SRECTrade Launches its Portfolio Partnership Program

Posted June 13th, 2018 by SRECTrade.

SRECTrade is excited to announce the completion of the merger of U.S. Photovoltaics’ (USPV) Renewable Energy Certificate (REC) management, aggregation, and transaction services business. USPV is one of the largest SREC aggregators in Washington, D.C. and Maryland. USPV’s decision to combine with SRECTrade demonstrates our leadership and expertise in managing distributed generation renewable energy assets. SRECTrade’s agency management services now cover 415 Megawatts across more than 31,500 projects in the PJM and NEPOOL REC markets. Additionally, SRECTrade-X, the Company’s institutional REC management software, provides services to 1.1 Gigawatts across more than 104,000 projects. SRECTrade-X also provides REC management solutions to electricity suppliers and environmental commodity trading firms.

SRECTrade looks forward to working with other managers and aggregators as we launch our new Portfolio Partnership Program. This new program allows REC managers and aggregators to utilize SRECTrade’s platform and technology to address a variety of environmental commodity management and transaction solutions.

We are pleased to welcome USPV’s clients and partners and look forward to facilitating the management of their REC assets. USPV client and partner accounts have been migrated onto the SRECTrade platform. All clients can login and view their historic REC transactions, renewable energy facilities, and REC sales preferences.

A copy of the full press release can be found here.

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SRECTrade to speak at EMA Regional Roundtable – May 31, 2018

Posted May 30th, 2018 by SRECTrade.

SRECTrade’s CEO, Steven Eisenberg, will be speaking at the Environmental Markets Association (EMA) Regional Roundtable on Thursday, May 31st in Houston, TX. The panel, Legislative Moves and How they are Changing the Dynamics of the Marketplace for PJM RECS, will be from 3:00-3:30 p.m.

Steven will discuss the Pennsylvania and Maryland Renewable Portfolio Standards’ SREC carve-outs. This panel will cover how legislative changes over the last year created different market dynamics that have affected the SREC market and also the Class I market.

A full conference agenda can be found here.

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SRECTrade to speak at DistribuTECH 2018 – January 24, 2018

Posted January 23rd, 2018 by SRECTrade.

SRECTrade’s CEO, Steven Eisenberg, will be speaking at DistribuTECH 2018 on Wednesday, January 24th in San Antonio, TX. The panel, Building the Transactive Energy Marketplace, will be from 1:30-3:30 p.m. in Room 214C.

Alongside other distributed generation and energy specialists, Steven will discuss the infrastructure needed to support a transactive energy marketplace in which energy asset owners and other market participants buy and sell energy and other attributes. The panel will cover the capabilities and requirements needed to continue to facilitate the growth and development of the industry and overarching vision of a transactive energy marketplace. Topics covered will include advanced metering infrastructure, distributed intelligence, blockchain, and cloud computing.

A full conference agenda and materials can be found here: DistribuTECH 2018 – Building the Transactive Energy Marketplace.

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SRECTrade to Speak at Solar Focus and RPS Summit – November 7-8, 2017

Posted November 6th, 2017 by SRECTrade.

SRECTrade’s Manager of Business Development and Operations, Tom MacKenty, will be speaking at The CESA RPS Summit on Tuesday, November 7th and Solar Focus on Wednesday, November 8th in Washington, D.C.

Alongside other renewable energy experts at the RPS Summit, Tom will discuss the status of voluntary markets for renewable energy and their interactions with the RPS Markets. At Solar Focus, Tom will participate in the 50% and Beyond: The New Age of the RPS panel discussion, where policy experts will discuss strategies for expanding renewable energy standards across the country. The panel will also explore the current efforts being made in Delaware and Maryland to expand and strengthen RPS standards.

Full conference agendas and materials can be found here for The CESA RPS Summit and Solar Focus.

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SRECTrade to Speak at GTM U.S. Power & Renewables Summit – November 8, 2017

Posted November 6th, 2017 by SRECTrade.

On Wednesday, November 8, SRECTrade’s Director of Regulatory Affairs, Allyson Browne, will be speaking on a panel at GTM’s U.S. Power & Renewables Summit in Austin, Texas.

Allyson will join moderator Colin Smith, Analyst, Solar at GTM Research and fellow panelists Terry Grant, Managing Director at Marathon Capital, and Peter Mathews, General Manager, North America at Solar Edge, to discuss solar cost trends and long-term market implications. Allyson will focus on the interplay between the cost per watt of solar (including the impact of possible tariffs resulting from the Section 201 trade case), federal tax incentives like the ITC, and solar renewable energy credit markets, and how these cost and revenue streams contribute to development (or lack thereof) in the residential and C&I sectors.

The panel, How Low Can They Go: What is Driving Down Solar Cost and What are Longer-Term Market Implications?, will be held at 11:20 am on Wednesday morning. See the full agenda here.

Tags: ITC, RPS, Section 201, SREC Policy, SRECs, U.S. Energy Policy
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SRECTrade Introduction Video

Posted November 2nd, 2017 by SRECTrade.

Here at SRECTrade, we are constantly working on making solar renewable energy credits (SRECs) straightforward – efficient to manage, transparent access to markets, and easy to understand.

Regardless of whether you are a large solar portfolio manager or a residential system owner, SRECTrade exists to provide expertise in managing solar RECs. We focus on accelerating the adoption of renewable energy by providing services and technology that minimizes the time, cost, and risk associated with achieving the benefits from SRECs.

In an effort to explain all this, SRECTrade recently produced a video outlining RECs and SRECTrade’s online platform and services.

To view the video, please click the image below.

Tags: Animated
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SRECTrade to present at Solar Power International 2017

Posted September 5th, 2017 by SRECTrade.

Heading to Solar Power International (SPI) 2017 this year? Come visit the SRECTrade team! SRECTrade’s CEO, Steven Eisenberg, and CTO, Lewis Wagner, were selected to present at this year’s poster reception. The reception will be held on Monday, September 11, 2017 from 5-6 p.m. on the trade show floor.

Steven and Lewis will be presenting a poster entitled “Scaling Up Solar Incentive Markets: Standards to Unlock Innovation, Investment and Value”. The poster addresses the following:

Two technology factors with large influence on the REC market are providing open and equitable access to underlying registries and the development of software solutions that institutionalize portfolio management. SRECTrade has campaigned to open the underlying REC registries, resulting in the development of the first Application Programming Interface (API) for NEPOOL GIS and an improved API for PJM GATS. Open access to the underlying REC platforms is fundamental to the growth of renewable energy adoption. In 2017, the SREC market in PJM and MA is estimated to exceed $2b in transactions, exposing organizations to potential costly risks and operational mistakes.

Most registries do not have APIs and those that do are limited. Decision makers are resistant to change, but the benefits are clear. Open access places the cost of innovation on the market and reduces the dependency on central authorities.

To reduce portfolio management costs and mitigate risk, the ability for organizations to either buy or build software is critical. The absence of APIs prevents organizations from building or procuring services. We seek to solve this by advocating for APIs and providing comprehensive management services.

A lack of standards and access to underlying data fuels complexity and ultimately increases risk and the cost of doing business. To reduce soft costs and the burden to REC portfolio managers, the industry needs to drive towards free and open data communication. Achieving this will unlock innovation, investment and value across the market.

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SRECTrade to speak at Intersolar Finance Symposium – July 10, 2017

Posted July 6th, 2017 by SRECTrade.

On Monday, July 10, 2017, SRECTrade’s CEO, Steven Eisenberg, will be speaking on a panel at the Intersolar Finance Symposium. The panel, entitled “Orange Button: attacking costs and increasing transparency via (portable) finance data standards”, will begin at 2:15 p.m. PT. The panel will focus on Orange Button and other initiatives companies in the solar industry are taking to standardize data portability, transparency, and availability. Steven will focus on the efforts SRECTrade has taken with regards to standardization in the SRECs markets, including initiatives to streamline solar asset certification and on-boarding, tracking registry technology integrations, and SREC transactions. Other panel participants include Michelle Savage (Moderator), VP of Communications at XBRL US, Melanie Gnazzo, Partner at Chapman and Cutler, Sam Adeyemo, COO at Aurora Solar, and Jason Kaminsky, COO at kWh Analytics.

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April 23, 2015 Facility Management Introduction and Demo – Webinar Slides and Recording Available

Posted April 24th, 2015 by SRECTrade.

On April 23, 2015, SRECTrade hosted a webinar introducing a new facility management feature for solar installation and development partners. This new feature will help partners more effectively track referred solar facilities from the start of the application process through ongoing SREC sales.

Key features include:

Portfolio overview of all referred systems and their SREC certification status
Robust search engine to easily find clients and system information
Status updates to track systems through the application process
Downloadable reports with system details

For access to the slides please click here: SRECTrade 04/23/15 Facility Management Product Overview. For a video recording of the webinar, click the image below.

This document and recording is protected by copyright laws and contains material proprietary to SRECTrade, Inc. It or any components may not be reproduced, republished, distributed, transmitted, displayed, broadcast or otherwise exploited in any manner without the express prior written permission of SRECTrade, Inc. The receipt or possession of this document does not convey any rights to reproduce, disclose, or distribute its contents, or to manufacture, use, or sell anything that it may describe, in whole or in part. If consent to use these materials is granted, a link to the current version of this document on the SRECTrade website must be included for reference.

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Turning the page on 2013: Exciting changes at SRECTrade

Posted December 20th, 2013 by SRECTrade.

A note from our CEO, Brad Bowery:

As 2013 concludes, it marks the end of my 5th and final year at SRECTrade. As we head into 2014, my close colleague for nearly 4 of those years, Steven Eisenberg, will assume the role of CEO. Steven has led our business development efforts and driven the growth of our brokerage desk and I am fortunate to have someone I can trust to take over our business and continue what my partner, Kevin Quilliam, and I have created.

For the 5th consecutive year, 2013 was our best year yet, and prospects look even better for 2014! In the last two years, our products and services have been fully defined, we have put a great team in place and our business has achieved ever-elusive profitability in a highly uncertain solar industry. SRECTrade has evolved from a simple website hosting monthly auctions in 2008 to a full services brokerage desk, online marketplace and SREC transaction management software platform. In early 2014, we will be launching a major overhaul of our entire website. SRECTrade 2.0 is a project started in 2012 to rebuild our entire infrastructure from the ground up. I’m very excited for the launch of the new site as it appropriately reflects the maturity of our business over the past few years.

With the company in good hands and the business in a healthy place, I felt this was a great time to move on to my next adventure. I have a passion for building companies and have at least one more startup in me! In the meantime, I am looking forward to seeing SRECTrade continue to prosper under Steven’s guidance.

Finally, our company wouldn’t be what it is today without help. Over the past 5 years, I’ve been joined by a brilliant business partner, an extremely supportive investor, 6 co-founders, 15 employees, 25 interns, 300 channel partners, 10,000 customers, over 60 energy suppliers and the kind folks at the various state agencies including MA DOER and CEC PTS, PA AEPS and PUC, MD PSC, DC PSC, DE SEU and PSC, NJ BPU and OCE, PUC of OH, PJM GATS, and NEPOOL GIS who have all contributed to making our vision, of a transparent, online platform for transacting SRECs, a reality. In this respect, I have been remarkably fortunate.

I am most proud when I think of our wonderful employees who have stuck with us through thick and thin. In over 5 years, we have turned over just one employee, which is a testament to the work environment that we, collectively, have created! I am also lucky to have been continuously on the same page with a great partner and investor, both of whom have been tremendous assets along this journey. They were particularly incredible throughout the difficult decision to make this transition and I am grateful for all they have done.

Thank you for a great 5 years, and here’s to many more!

Happy Holidays, Merry Christmas and a Happy New Year!

-Brad Bowery

SRECTrade_Tahoe

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