Sol Systems Wins Mayor Gray's 2012 Mayor's Sustainability Award

WASHINGTON, June 19, 2012 /PRNewswire/ -- On June 15th, Mayor Vincent C. Gray of Washington D.C. presented the 2012 Mayor's Sustainability Award to Sol Systems.  The Mayor's Sustainability Awards are awarded through a competitive selection process and this year's winners represent a range of innovative approaches to improve the lives of residents, the quality of our environment, and access to healthy and affordable food and housing.  Sol Systems was among the ten individuals, businesses and civic organizations honored for demonstrating outstanding achievements and leadership in sustainable practices. 

"Tonight's winners are dedicated to improving our city's environment, communities, and economy.  Our ongoing effort to plan for a Sustainable DC for today and generations to come will build on the innovation, determination, and leadership we see among these dedicated members of our community," stated Mayor Gray, prior to the awards ceremony. 

Sol Systems won the award for the company's commitment to expanding the solar space as well as its commitment to reducing its own footprint through sustainable practices. Sol Systems' impact within the District has been significant, and the company has provided financing through SRECs to nearly 400 D.C. homeowners and businesses, totaling approximately 3.5 MW in capacity.  

"Sol Systems is grateful for Mayor Gray's recognition as a leader in innovation as we continue to develop financing solutions to drive investment in solar within the District and beyond," said Yuri Horwitz, CEO of Sol Systems. "D.C. is our home, and we are honored to be working with such a forward looking Administration to ensure that D.C. remains a national leader in sustainability."

A case study on Sol Systems can be found at http://ddoe.dc.gov/node/158622.

About Sol Systems

Sol Systems is a solar finance firm and a leader in financial innovation in the renewable energy industry.  Since its inception in 2008, Sol Systems has partnered with 350 installers and developers to bring over 3,000 solar projects from conception to completion by offering innovative financing solutions for residential, commercial, and utility-scale projects.

Sol Systems' financing programs catalyze investments for a broad set of solar projects by simplifying the origination, diligence, and financing processes.  Developers seeking financing for projects can access over $2.5 billion in capital through Sol Systems' investor network.

In addition to providing financing, Sol Systems also offers project due diligence, deal structuring, and asset management services – all designed to reduce overhead and transaction costs and quicken project development timelines.

For more information, please visit www.solsystemscompany.com.

CONTACT: Sara Rafalson, +1-202-588-5459

SOURCE Sol Systems

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