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.