MA SRECs: The Massachusetts RPS Solar Carve-Out Program Explained

The Massachusetts Renewable Portfolio Standard (RPS) Solar Carve-Out Program is a market-based incentive program with a goal to develop 400 MW of solar photovoltaic (PV) energy across the state as quickly as possible. Combined with the extension of the Section 1603 cash grant program, the RPS Solar Carve-Out Program provides attractive incentives for solar project developers and investors. Moreover, the unique features of Massachusetts’ program provide a greater degree of price certainty regarding the green attributes, including the Solar Renewable Energy Certificates (SRECs) of solar projects.

In Foley’s latest Energy Briefing Series Web conference, we will explain the RPS Solar Carve-Out Program and share advice that can help developers take full advantage of the program’s features and benefits. The session will feature Natalie Andrews, Project Coordinator and Michael Judge, RPS Solar Carve-Out Program Coordinator from the Massachusetts Department of Energy Resources (DOER), and Jeffery R. Atkin and William D. DuFour, Foley attorneys and members of the firm’s Energy Industry Team.