This news is classified in: Sustainable Energy Solar
Apr 9, 2017
Innovative Solar Systems has just announced that the company is selling off another 5.5 GW's of their current pipeline of high return Solar Farms in the Midwest. ISS is the #1 US Solar Farm Developer and only sells its projects to Qualified Buyers and buyers of the companies projects must purchase min. blocks of 300MW-500MW's to be set up as a new client and then granted access to ISS's premier projects in over 20 key states, mainly in the Midwest. Rate of Returns on Innovative Solar Systems Utility Scale Solar Farm projects are some of the highest in the industry due to many reasons, 1) better project sites, 2) Higher Quality EPC's and lower construction costs, 3) higher purchase power agreement rates, and 4) lower overall cost of ownership of the projects over their life.
Innovative Solar Systems has also announced that the company will shutting down its new client list soon and at that point any Billion Dollar institutional size investor will have a hard time securing any large Utility Scale projects on the open market as none exist and ISS controls over 50% of the available projects through the United States at this point. Few, if any of the other smaller developers of Solar Farms in this country will sell a given project unless that project is being sold at COD for a huge mark up so pipeline opportunities from companies like ISS are rare and will soon be non-existent for that reason. ISS is currently going under contract with three very large Foreign Entities that wish to become major players in US Solar and after those current deals which are set to occur this week the company will have even fewer blocks of available projects so time is of the essence on this offering states ISS CEO John E. Green.
Innovative Solar Systems has a rather simple Solar Farm purchase process that is easy, straight forward, and that also eliminates risk for the new purchaser or client of these Utility Scale Solar Farm projects. As already stated, Clients are required to place $1.5 cents/watt nonrefundable deposit when 300MW or larger blocks of projects are placed under contract using ISS's standard LOI. The client is also required to place another $0.75 cents/watt milestone payment once either Interconnection Agreement or PPA is received. Buyers are also made to perform on the requirements as set forth in the IA and PPA per project and once the project is fully "Shovel Ready" the client is required to complete the transaction which involves a financial close at which time ISS is paid the balance of their $12 cents/watt developer fee on any given project the company is selling to the client in the clients 300MW or larger portfolio.
If for any reason a given project does not secure an IA and PPA that clients deposit monies are credited over to any other project within the clients portfolio so therefore there is no risk to the client as they are only made to close transactions whereby the project has achieved both IA and PPA status and is ready to build. To become a new client with ISS please use the contact information below to contact us today.
