On Friday, February 5, 2016, the Massachusetts Department of Energy Resources (DOER) announced that the total capacity available under the SREC-II Program Capacity Cap for projects larger than 25 kW DC was reached. As of the announcement, the DOER received applications for 854 MW of capacity. This exceeds the current cap for projects greater than 25 kW by more than 193 MW. While it is unclear if all of the submitted facility applications meet the eligibility criteria to qualify under the SREC-II program, the DOER confirmed that all applications for projects larger than 25 kW DC submitted on or before February 1, 2016 were received before the program cap was reached. The DOER noted that they cannot guarantee applications received after February 1, 2016 were submitted prior to the cap being met. For more information, the DOER publicly updates the full details on capacity in SREC-II under the “Qualified Projects” section of their SREC-II current status webpage.
The DOER will continue to review applications and queue them accordingly to the guidelines provided in Section 4(B) of the Assurance of Qualification Guideline. After the DOER confirms that 660.595 MW DC of capacity have been issued Statements or Assurances of Qualification, the DOER will provide further direction for applicants that submitted applications after February 1, 2016, to inform them of their queue status. At this time, the DOER will publish the Waiting List on its website.
SRECTrade, Inc. is continuing to submit applications in the order in which we received them, and will provide additional updates from the DOER as they become available. Below is the summary SREC-II capacity information made available by the DOER as of February 1, 2016.
We published a detailed analysis on MA SREC-II supply and demand on January 19, 2016. Click here for more information.