January 1, 2010 (Cambridge, MA) – Effective January 1, 2010, the Massachusetts Department of Energy Resources (DOER), acting under authority granted by the Green Communities Act of 2008, implemented regulations to launch the Commonwealth’s new Solar-Renewable Energy Credit (Solar-REC) incentive program. The Solar-REC program is designed to provide the next generation of solar facilities in Massachusetts with an important multi-year revenue stream to assist the securing of long-term project financing.

For a program description and updates on the Solar-REC market and regulatory status, please visit the DOER web page.