April 21, 2015 – Ashburn, VA:
In partnership with the Department of Energy’s National Renewable Energy Laboratory, IBTS led the Solar Access to Public Capital (SAPC) working group to develop the SAPC Best Practices in PV System Installation. The working group consists of over 425 industry leaders, including solar developers, financiers and capital managers, law firms, rating agencies, accounting and engineering firms and other involved in solar asset deployment.
The Institute for Building Technology and Safety (IBTS), a leading provider of solar PV quality assurance, announces the release of the Solar Access to Public Capital (SAPC) Best Practices in PV Installation Guide to improve solar asset transparency for investors and rating agencies. The Guide provides the information required to ensure quality installation of a solar PV system and outlines quality protocols to facilitate reduced transaction costs in the solar asset securitization process. Additionally, the Guide facilitates transparency and reassurance for all parties with interest in installed PV systems and represents an important step in bringing greater quality and consistency to the field.
The SAPC Initiative brought together leading experts in the solar industry in a nearly two-year effort. This important public-private collaboration directly stemmed from the long-term efforts of IBTS, working with leading industry stakeholders, to create an industry standard quality management system.
With the release of the SAPC Best Practices in PV Installation Guide, the Initiative will continue to build consensus and awareness of these practices, and begin to develop a system to implement these practices as a standard across the solar industry. This effort will move forward in partnership with NREL with the support of the Department of Energy’s SunShot Initiative, as well as our many industry partners.
Visit ibts.org to download the “SAPC Best Practices in PV Installation Guide.”
Press Contact:
Karen Johnson
Market Engagement Program Director
kjohnson@ibts.org
About IBTS:
IBTS is a 501(c)(3) non-profit organization committed to helping communities through quality services that reduce risk, enhance public safety, and improve quality of life. IBTS is currently the leading provider of residential solar PV field assessments, providing services in over 25 states. Our work is guided by a Board of Directors made up of government officials appointed by five of the most highly respected, grassroots, state and local governmental associations. The board appointing organizations include the National Governors Association Center for Best Practices (NGA Center), the Council of State Governments (CSG), the National Association of Counties (NACo), the National League of Cities (NLC), and International City/County Management Association (ICMA). IBTS is headquartered in Ashburn, Virginia with branch offices across the country.
