Jul 21 2014
It is no coincidence that companies like Innovative Solar Systems have expanded and are now primarily only developing and building solar farm projects that are over 20MW in size.
By increasing the size of these solar farm projects in the U.S many things happen: the cost to lease the land goes down, the cost of the equipment is less and of course the labor to construct and build these massive solar farm projects are much less. Softer costs like legal, environmental studies and engineering can also be less if spread over the entire size of the project.
Investors and buyers of these mammoth solar farms love the fact that the costs are lower and thus their returns are much higher. Innovative Solar Systems currently has the single largest solar farm project ever approved that will be built in North Carolina in 2015. This project is an 80MW solar farm project that will be constructed on a pristine tract of 550 Acres in the middle of the state. The company is already in final negotiations with several entities that want to own and operate this solar farm long term. ISS also has many similar size projects that will also be constructed in various parts of North Carolina in 2015.
John Green, CEO of Innovative Solar Systems states that although construction times are slightly longer for these large projects and the approvals typically take longer on the front end it just makes good sense to move in this direction as ISS has already expanded into other Eastern States and is also now developing large projects on a case by case scenario out west for others. ISS has formed many key strategic partnerships with companies ranging from financial institutions, equipment manufacturers and energy companies to not only grow solar energy but to add jobs and revenue back into the U.S. economy. Call Innovative Solar Systems today at (828)-215-9064 to learn more about projects available for sale and investor relations.