Sol Systems
Natacha Kiler ...


Address: 1101 Connecticut Avenue Nw, Washington, DC 20036

Sol Systems (Customer# LSR60415062020) is a business licensed with Washington DC, Department of Small and Local Business Development (DSLBD). The entity status is .

Business Overview

Certification Number LSR60415062020
Business Name Sol Systems
Organization Type LLC
Principal Owner Natacha Kiler
Sudha Gollapudi
Sempra DG Holdings, LLC
David Steinberg
Yuri Horwitz
Mike Hayes
George Ashton
Matt Chou
Contact Name Michael Woods
Business Address 1101 Connecticut Avenue Nw
Washington, DC 20036
Phone Number 8882351538
Fax 3609357860
Email [email protected]
Website www.solsystemscompany.com
Start Date 2017-05-24
Established Date 2008-05-13
Expiration Date 2020-06-21
Ward 2
Proposal Points 10
Small Business Enterprise true
Categories Local Business Enterprise (LBE)
Small Business Enterprise (SBE)
Resident Owned Business (ROB)

Business Description

Sol Systems is leading the way to streamline financing for the solar industry, making the investment process more efficient and less costly for homeowners, installers, and investors. Sol Systems aggregates diverse capital sources to provide a synthetic financing source for developers of commercial solar projects in the U.S. and Canada. The company first entered the market providing the first long-term contracts for solar renewable energy credits (SRECs), a commodity-based incentive that is essential for financing solar on the East Coast. Before Sol Systems was founded, SREC markets were reserved for large, utility-scale projects. It was difficult for homeowners and small businesses to monetize SRECs because of the transaction costs associated with smaller systems. Sol Systems revolutionized SREC markets by aggregating SRECs from thousands of small system owners and then selling them into contracts with energy suppliers, who needed to purchase them to meet state law. In 2011, Sol Systems began focusing on commercial solar, the sector of the solar market with the lowest historical growth due to high transaction costs and a lack of capital. Today, Sol Systems has evolved to offer solar developers access a full suite of solar financing products, including construction and term debt, sponsor and tax equity, full purchase financing, and SREC solutions. Sol Systems also provides developer partners with market information and guidance on best practices to increase the likelihood that a project will receive financing. One of the biggest issues in the industry is fragmented investment channels that create friction in the market. By pooling these together, Sol Systems serves as a conduit of capital and investment opportunities for the industrys investors and developers. The firm has facilitated financing for over 90 MW of solar energy, enough to provide clean, green electricity to approximately 10,500 homes, promoting U.S. energy independence and increasing solar deployment.

Office Location

Street Address 1101 CONNECTICUT AVENUE NW WASHINGTON DC 20036
City Washington
Zip Code 20036

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Dataset Information

Data Provider Washington DC, Department of Small and Local Business Development (DSLBD)
Jurisdiction Washington, District of Columbia

This dataset includes 1.7 thousand certified business enterprises (CBE) certified wtih the Washington, District of Columbia, Department of Small and Local Business Development (DSLBD). Each business is registered with license number, business name, owner, location, license issue date and status, etc.

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