MD SB341

Authorizes portable solar energy generating systems (up to 1,200 watts) for residential use without requiring electric company approval, fees, or additional equipment, though these systems cannot generate renewable energy credits

Establishes a goal of adding 4,000 megawatts of new solar generation capacity by January 1, 2035, split equally between distributed solar systems (5 MW or less) and utility-scale systems (greater than 5 MW)

Creates a new SREC-II credit system for qualifying solar installations placed in service after December 31, 2027, with the Public Service Commission required to issue solicitations beginning January 1, 2028, and every 18 months thereafter until 2036

Requires utility-scale solar projects to include community benefit agreements with prevailing wage requirements, local hiring provisions, apprenticeship programs, and at least 80% of craft workers completing OSHA 10-hour safety training

Redirects alternative compliance fees from the Maryland Strategic Energy Investment Fund to a new escrow account, and allocates 75% of public service company franchise tax revenues from large electricity customers (over 100 MW) to fund solar energy credit purchases