A Massive 80MW Solar Farm Project in Anson County, NC has secured all necessary approvals, both state, local and federal and is ready for immediate construction. Innovative Solar 37, LLC is the solar farm project located in the middle of the state that will generate enough electricity to power approximately 20,000 medium sized homes. John E. Green, managing partner and CEO at Innovative Solar Systems states that this will be one of the single largest solar farms to ever be built in NC. This solar farm system will incorporate approximately 300,000 solar photovoltaic panels, eighty (80) Advanced Energy DC to AC Inverters, and cost approximately 180,000,000 U.S. Dollars to build.
Utility scale solar farm projects are nothing new to ISS states John Green, managing partner and CEO of ISS. The company currently has over 500MW's of Shovel Ready solar farm projects for sale and approximately another 500MW's that are in various stages of approvals or late development with various utility companies in various states. Utility scale solar farm projects are usually very complex projects to develop and get approved for many reasons but many large institutional type investors and hedge funds prefer these large size projects due to the lower install costs and higher rate of returns states Green of ISS.
Innovative Solar Systems has been a pioneer in the development of large scale solar farm projects here in the U.S. and has a solid track record with large credit worthy utility companies. As ISS finishes selling off the company's current portfolio of shovel ready projects in N.C. Expansion has already occurred into many other key states and emerging markets where the company's new solar farm projects will provide investors with great IRR's.
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