Sol Systems

What Sol Systems does

Sol Systems is a Washington, DC-based clean energy project developer and independent power producer founded in 2008, operating across four interlocking business lines. First, it aggregates and trades Solar Renewable Energy Certificates (SRECs) across at least eight U.S. state markets (DC, MD, PA, VA, NJ, MA, OH, DE), serving residential and commercial solar system owners through four contract products — Sol Upfront (15-year lump sum), Sol Annuity (3-5 year fixed rate), Sol Brokerage (variable market rate, 7% take rate), and Sol Profit Share (hybrid with NGO donation) — managed via the Sol Systems Dashboard integrated with 15+ remote monitoring platforms. Second, it develops, finances, and operates utility-scale solar projects, with major assets including the 186 MW-dc Tilden Solar Project, 342-354 MW Eldorado Solar Project (the company's first agrivoltaic installation), the 250-330 MW Wolf Creek Renewable Energy Center, plus Blossom Solar (Ohio) and Nightfall Solar (Texas) totaling over $1.34 billion in recent project investment. Third, it provides clean energy procurement and PPA origination services to corporate energy buyers including Microsoft and Google. Fourth, it operates development partnerships with landowners and EPC firms (notably Solv Energy). Revenue derives from SREC transaction spreads, developer fees and project equity returns, PPA origination, and ancillary community impact programs; the company is privately held following a 2021 KKR investment, with 140+ employees as of 2026.

Name

Sol Systems

Legal name

Sol Systems, LLC

Website

https://solsystems.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Sol Systems is a Washington, DC-based clean energy developer and SREC aggregator founded in 2008, serving corporate energy buyers, landowners, and solar system owners through utility-scale solar development, SREC trading, and renewable energy procurement across 8+ U.S. state markets.

Ownership category

akta.pro rank

Product category

Renewable Energy Development & SREC Trading

NAICS

Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)

akta.pro secondary industries

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA), Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA) (EUACAGAH)

Keywords

• Utility-scale solar development
• SREC aggregation services
• Clean energy procurement
• Renewable energy certificates
• Solar project financing

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Utility-Scale Solar Development: Sol Systems develops, owns, and operates utility-scale solar projects across the United States, including the 186 MWdc Tilden Solar Project, 342 MWdc Eldorado Solar Project, 250-330 MW Wolf Creek Renewable Energy Center, Blossom Solar in Ohio, and Nightfall Solar in Texas. Projects are funded through construction financing facilities and generate revenue through electricity sales and SREC monetization.
2. SREC Aggregation and Trading: Sol Systems aggregates SRECs from residential, commercial, and utility-scale solar systems and trades them in state markets. The company offers multiple contract structures including Sol Brokerage (market-based), Sol Annuity (fixed price), Sol Upfront (lump-sum prepayment), and Sol Profit Share (fixed plus profit share). Revenue comes from the spread between acquisition and sale prices, plus transaction fees.
3. Clean Energy Procurement Services: Enterprise customers engage Sol Systems for clean energy procurement advisory and power purchase agreement (PPA) arrangements. Sol Systems develops solar projects to supply renewable energy to corporate buyers.
4. Development Partnerships: Partnership model where Sol Systems works with landowners and other partners to develop solar projects on available land, with Sol Systems providing project financing, development expertise, and grid interconnection.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Sol Systems develops, owns, and operates utility-scale solar and storage projects across the United States and aggregates/trades Solar Renewable Energy Certificates (SRECs) from residential, commercial, and utility-scale solar system owners across eight state markets. The company also provides corporate clean energy procurement services, including power purchase agreement (PPA) structuring, and operates development partnerships with landowners, specializing in agrivoltaic and former mine-site solar installations.

Product overview

Sol Systems is a clean energy project developer and independent power producer offering a unified platform combining SREC aggregation services, development partnerships, landowner programs, and corporate clean energy procurement. The core product is the Sol Systems Dashboard, a customer portal for SREC management. The company offers four SREC contract products: Sol Upfront (15-year lump-sum prepayment), Sol Annuity (3-year fixed-rate guarantee), Sol Brokerage (variable market-rate), and Sol Profit Share (fixed rate plus upside sharing). Supporting services include remote monitoring integration with 15+ solar monitoring platforms, state market registration across 8 jurisdictions (DC, MD, PA, VA, NJ, MA, OH, DE), and agrivoltaic solar project development combining energy with agriculture. Sol Systems develops, owns, and operates utility-scale solar and storage projects across Illinois, Ohio, and Texas, having financed and developed multiple gigawatts of solar capacity.

Differentiator

Problem solved

Functional benefit

Products and services

• Sol Systems Dashboard
• Sol Upfront One-time lump-sum prepayment SREC contract providing immediate cash for 15 years of SREC production with all price and policy risk eliminated.
• Sol Annuity Fixed-rate SREC contract offering guaranteed payments per SREC regardless of market fluctuation for predictable revenue.
• Sol Brokerage Variable-rate SREC contract selling at highest possible market rate, allowing customers to take full advantage of rising market prices.
• Sol Profit Share Hybrid SREC contract providing guaranteed fixed payments plus additional profit when market prices rise above a set threshold.
• SREC Aggregation Services Aggregation and trading of Solar Renewable Energy Certificates across multiple state markets including Washington DC, Maryland, Pennsylvania, Virginia, New Jersey, Massachusetts, Ohio, and Delaware.
• Development Partnerships Partnership programs for developing solar and storage projects, including landowner lease arrangements and development financing for utility-scale clean energy infrastructure.
• Clean Energy Procurement Corporate procurement solutions for renewable energy, including power purchase agreements (PPAs) and renewable energy certificate procurement to help organizations meet sustainability goals.
• Agrivoltaic Solar Projects Solar installations that combine energy generation with agricultural production, promoting sustainability, biodiversity, and community engagement through dual-use land practices.
• SREC State Market Services State-specific SREC registration, compliance, and reporting services covering Washington DC, Maryland, Pennsylvania, Virginia, New Jersey, Massachusetts, Ohio, and Delaware markets.

Quantifiable outcome

• Tilden Solar Project: 186 MW-dc capacity, powers 35,000 homes annually, generates 319 GWh in first year, $20M in community tax revenue and impact investments, 300 construction jobs
• +2 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered major, core and minor.

• US SolarmajorStrategic or Co-development Partner · 17 March 2026Sol Systems acquired the 250 MW Wolf Creek Renewable Energy Center from US Solar. US Solar had originated and advanced the project through early development stages, including land acquisition, permitting, and grid connection.
• MicrosoftcoreStrategic or Co-development Partner · 18 February 2026Sol Systems is one of six renewable energy developers that worked with Microsoft to help achieve its 2025 goal of matching 100% of global electricity consumption with renewable energy. Microsoft contracted 40GW of renewable energy across 26 countries. Sol Systems contributed solar project development as part of this partnership.
• SOLV EnergyminorStrategic or Co-development Partner · 18 February 2026SOLV Energy's annual PowerUp! Scholarship program includes professionals from Sol Systems on the review panel. The scholarship supports high school seniors pursuing clean energy careers.
• Solv EnergycoreImplementation/ SI/ Consulting Partner · 13 February 2026Solv Energy has been selected as the EPC (engineering, procurement, and construction) services provider for Sol Systems' 209MW solar project in Uvalde, Texas. This follows their successful delivery of a 342MWdc solar installation in Eldorado, Illinois. Solv Energy has constructed over 20 GW of solar capacity.
• Gas SouthminorGTM or Marketing Partner · 12 December 2025Sol Systems, Gas South, and Cobb EMC announced a partnership to fund a renewable-energy-themed STEM education program for Cherokee County School District in Georgia. The initiative aims to train educators, develop renewable energy learning tools, and support STEM certification, benefiting over 45 teachers and tens of thousands of students.
• Cobb EMCminorGTM or Marketing Partner · 12 December 2025Sol Systems, Gas South, and Cobb EMC partnership for STEM education program in Georgia's Cherokee County School District, supporting renewable energy education and workforce development.
• Food Works of Southern ILminorStrategic or Co-development Partner · 27 October 2025Sol Systems and Food Works of Southern IL partnership for the Eldorado agrivoltaic project, with Food Works welcoming Sol Farm Manager Morgan Schmitt to manage agricultural operations on the solar site.
• REI Co-opminorStrategic or Co-development Partner · 23 October 2025Sol Systems and REI Co-op partnered with Florida Atlantic University's Pine Jog Center to expand climate resilience education for high school students in Palm Beach County. The program leverages renewable energy certificates from Sol Systems' solar projects including Silver Palm Solar Energy Center.
• Florida Atlantic University Pine Jog CenterminorStrategic or Co-development Partner · 23 October 2025Partnership with FAU's Pine Jog Environmental Education Center to develop college-credit residential programs focused on South Florida ecosystems, expanding environmental literacy and climate resilience among youth.
• GooglecoreStrategic or Co-development PartnerSol Systems and Google announced a partnership to invest in solar energy projects and community organizations. The partnership includes renewable energy development and community investment programs. Additionally, Sol Systems and Google have partnered on energy efficiency retrofits for rural households in South Carolina.
• KernzaminorStrategic or Co-development PartnerSol Systems uses Kernza grain at its Eldorado agrivoltaic project to support environmental and nutritional goals, demonstrating innovative agricultural integration with solar energy.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key highlights5 records

Customer concentration

• Xx.com/Sol_Systems
• LinkedInlinkedin.com/company/375153
• Facebookfacebook.com/SolSystemsCompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds4 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sol Systems