The Massachusetts Department of Energy Resources (DOER) recently announced the implementation of a solar carve out as part of the state’s renewable portfolio standard. The carve-out establishes a requirement of 25 MW of solar electricity for 2010 and a solar alternative compliance payment (SACP) of $600. SRECTrade will begin hosting SREC auctions in Massachusetts in 2010. Solar generators may begin registering their facilities with SRECTrade as long as they meet the criteria for eligibility in Massachusetts:
– Solar photovoltaic project located in Massachusetts
– Under 2MW in capacity
– Installed on or after January 1, 2008
– Has not received funding from Commonwealth Solar I
– Has not received substantial support from ARRA-related federal stimulus funds
Go to the Massachusetts Solar Renewable Energy Certificate (SREC) Program page for more details.