Innovative Solar Systems has just recently been awarded a total of 720 Megawatts of new Purchase Power Agreements (PPA’s) from large credit worthy Power Off-Takers in the Mid-West.
The companies CEO states that receiving these 25 year contracts will enable ISS to more quickly sell and fund these new projects that range in size from 20MW to 80MW.
All of the current sites are flat, and cleared which will make the sites easier and faster to construct thus maximizing investor returns on these portfolios.
ISS currently has negotiated contracts with some of the largest EPC’s in the world and is building Turn-Key Solar Farms for $1/watt ALL-IN which includes single axis trackers and tier one panels and inverters, the company said. To further warranty and guarantee projects the EPC’s that ISS contracts with can supply insurance wrap policies to guarantee production of the sites and projects.
Innovative Solar has an expansive portfolio of projects for 2017 and currently has almost two hundred (200) projects in various stages of development for a total of almost 10GW’s of generation.
Last year Innovative Solar Systems was ranked as the #4 Developer of Solar Farm Projects in the U.S. and this year it will be #1 due to the company’s rapid growth and expansion, the company said.