Karbone


The BGS Auction in early February triggered an increase in prices, lifting them to $130 for RY 2013 SRECs. Now a month after the close of the BGS and with the upcoming EDC Auction as the next large market event in sight, RY 2013 SREC prices have softened slightly from their six-month peak. The spot contract traded to $117.50 on March 8. Karbone anticipates that prices could potentially retreat further in the lead up to the March 19th EDC Auction, when 53,000 to 62,000 RY 2013 SRECs will be introduced to the market.

Annual Installation Potential Breakdown Keep reading →


Several members of our team spent last month at the Solar Power International (“SPI”) conference. Putting aside the usual excitement about falling panel prices and overall capacity increases, the two phrases heard most – and usually together – were: “North Carolina” and “Tax Equity.”

Solar in North Carolina Keep reading →


A Power Purchase Agreement (“PPA”) can typically last fifteen to twenty years, but solar PV systems have an operating life of twenty-five years or more. So what happens when the PPA term expires and the system is still operating? The party that purchases the electricity – the “host” or “offtaker” – usually has three options at the end of the PPA term: (i) renew the PPA, (ii) purchase the system at fair market value, or (iii) have the equipment removed.

Renew the PPA Keep reading →