As businesses and consumers continue to look for ways to meet their energy needs while staying mindful of their environmental impact, the solar energy industry has experienced a boom in recent years. The Mid-Atlantic is home to some of the top solar states in the country. In Maryland, nearly 3 percent of the state’s energy comes from solar, ranking it 14th in the nation for solar energy production, according to the Solar Energy Industries Association. Over the next five years, Virginia’s solar capacity is expected to grow by almost 300 percent. With a continued focus on alternative energy projects, opportunities in the solar industry continue to grow.
At Shulman Rogers, we have experience supporting solar industry clients across practice groups to respond to the full range of their legal needs. Some of our representative successes include:
- Working with a major utility company in creation and negotiation of ground leases, option and purchase agreements, as well as other real estate documents in connection with development of an approximately 1,000-acre 150 MW solar energy project located on the Eastern Shore of Maryland.
- Guiding a national renewable energy company through the creation and negotiation of various real estate documents in development of approximately 300 MW of solar energy generating facilities across approximately 6,000 acres of land in Maryland and Virginia.
Real Estate
Our attorneys guide commercial solar projects from start to finish. Clients trust our real estate attorneys to manage their large-scale projects, assisting with pre-acquisition, site control, underwriting and closings. Representing clients in 1,000+ acre developments, we have managed some of the largest solar projects in the eastern United States.
Uniquely, our Real Estate Department boasts a title insurance agency in-house. This allows our attorneys deep insights and experience in the title insurance process. For solar clients, we adeptly secure solar endorsements, including ALTA Series 36 endorsements, and the largest national insurers trust us to act as issuing agents on nine-figure policies. With the broad depth of real estate services we offer, our clients gain value through our complete management of their solar projects.
Transactions and Financings
Shulman Rogers offers a robust Business and Financial Services Departmentto support solar-based companies in their corporate needs. Our Commercial Finance Group successfully guides energy companies through the acquisition, financing and management of solar projects. Additionally, our Technology Transactions Practice Group supports solar technologies in joint ventures and procurement transactions.
