Noting the recent collapse of Silicon Valley Bank (SVB) and the firm’s role in sustainable lending, several industry players have predicted a slow-down in what was predicted to be an extremely active year for solar development. But as updates continue to emerge it’s important to recognize the role of specialty non-commercial bank lenders.

Ursula Godoy-Arbelaez has been appointed as Chief Financial Officer (CFO) of Sol-REIT. Godoy-Arbelaez most recently served as CFO and Treasurer for CatchMark Timber Trust (NYSE: CTT) a self-administered and self-managed, publicly-traded REIT. She brings more than 20 years of experience in strategic planning, capital allocation, mergers & acquisitions, finance, treasury, investor engagement, risk management, and accounting to the Sol-REIT team.

Jim Spano of Sol-REIT answers questions about the current state of the solar industry, citing some adventurous times riding the "solar coaster." Listen to what he and Dave Anderson of "The Solar Podcast" discuss as the near-term future of solar.

Sol-REIT has joined the NCSP as part of the firm’s commitment to fund greater than $175 million in community solar projects by 2025.

The top corporate solar users per SEIA in 2022 include giants such as Meta and Amazon. Meanwhile, the middle market of Solar is poised for growth as several key market challenges are being met by expansion of state incentives and market standardization.

Can this put more Money in Solar Developers' Pockets? Episode 546 Jim Spano, Co-Founder, Sol-REIT

In an effort to revive the domestic Solar Industry, The Biden Administration has enacted a two-year emergency declaration to pause new import tariffs on solar manufacturing components and accelerate the domestic solar adoption.

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Sol-REIT, which is revolutionizing clean energy financing through innovative construction-to-permanent loans leveraging a mortgage REIT model, has secured a substantial credit facility with a leading financial institution committed to environmental change.

NJBIZ, a statewide publication focused on business news and innovation, has named James Spano, the Co-Founder of Sol-REIT, as one of this year’s recipients of the 2022 NJBIZ Leaders in Finance Honoree.