|By PR Newswire||
|August 20, 2014 02:03 PM EDT||
ASHEVILLE, N.C., Aug. 20, 2014 /PRNewswire-iReach/ -- Innovative Solar Systems is a developer of large Utility Scale Solar Farm projects here in the United States and is very excited to announce that the company is in the final stages of selecting their partner for the structured financing on the company's 40MW solar farm project in Ivanhoe, NC. This project will employ approximately 135,000 of some of the most efficient solar PV panels in the industry situated on a pristine tract of land that encompasses several hundred acres and is perfect for due south operation of the power plant. Spokesman and CEO for the company, John E. Green states that this 40MW solar energy power plant will be a welcome addition to ISS's already extensive portfolio of developed projects in North Carolina.
Large solar farm projects are always a welcome addition to the counties and states where they are built due to the jobs they create, and the revenues they generate for counties just in added taxes alone. This project will supply enough clean energy to area for approximately 12,000 homes while reducing our states carbon foot print. More and more solar equipment manufacturing companies are partnering up with companies like ISS as a strategy to have a direct conduit for their product placement and thus eliminate scheduling and forecasting headaches long term. Solar PV Panel companies are probably the most common companies that work with ISS on an ongoing basis to assure they have a home for major allocations of product inventory.
Equity funds, wealth management groups, private investors and many hedge fund groups have set up special renewable energy funds to have a special sector within the company's portfolio to allocate sizable amounts of capital for renewable energy projects that make the most sense for their clients. ISS looks for projects to develop in key states across the United States and abroad that make the most sense for its buyers and investors. Buyers of our projects want two things states CEO John E. Green of ISS, they want stable long term returns and a quality installed project by a company with proven experience like Innovative Solar Systems. A 40MW project like this one being installed in Bladen County will cost approximately $100,000,000 and provide substantial benefits to the community and state when commissioned.
Innovative Solar Systems has been a pioneer in the field of solar farm development and believes the cornerstone of business is to provide a better product and competitive pricing. As a world leader in renewable energy ISS strives to provide clean energy to the planet for less than traditional means such as goal, gas, hydro and nuclear. Providing a cleaner environment and assuring that our children always have access to electricity and water should be what every citizen demands for themselves and their children. For more information about Innovative Solar Systems, LLC and available projects for sale please visit http://innovativesolarsystemsllc.com/ or call the company at (828)-215-9064.
Media Contact: John Green, Innovative Solar Systems, LLC, 828-215-9064, [email protected]
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Innovative Solar Systems, LLC