Innovative Solar Systems, LLC (ISS) has just announced that the company has a portfolio of "Shovel Ready" solar farm projects for immediate sale that total 250MW's. These projects range in size from 5MW all the way up to 50MW and are located in South Carolina, North Carolina and Alabama.
ISS continues to be a leader in the design and development of Utility Scale Solar Farms here in the United States and currently has a revolving pipeline of approximately 5 GW of projects in early stage development phases for the next 12 to 24 months. ISS CEO and spokesman John E. Green stated that the company is also very excited to be developing one of the largest projects to ever be built in the U.S., a project that will be 750MW in capacity and located in the Western U.S.
Investors are seeing huge returns on solar farm projects now that the all-in build costs have come down considerably over the last year. The advent of single axis trackers have also enabled investors to gain about a 25% increase in energy harvest on these projects which also adds greatly to IRR's states ISS. The company is currently seeking groups of potential investors that want to be involved with financing early stage development of the ISS pipeline for 25%-50% returns as well as supplying bridge capital and late stage financing since the larger profits in solar farm projects are typically derived from financing the projects to full commissioning at which time the project is then usually sold for full retail to investment groups like Berkshire, Black Stone, Black Rock and the like.
