Innovative Solar working to nail down buyer for 80-MW North Carolina project

Innovative Solar Systems LLC (ISS) said Jan. 12 that it has secured all approvals and is ready to start construction on an 80-MW solar project in North Carolina.

ISS has all approvals in place including interconnection agreements, purchase power agreements, state, federal and regulatory approvals for Innovative Solar 46, a solar farm project located in Hope Mills, N.C. This project will be the single largest solar farm project ever built in the United States on the eastern side of the Rockies, the company said. John Green, CEO and company spokesman, said the company is very excited to start construction sometime this year after securing the final owner for this project.

ISS said it is in negotiations with large corporate entities that wish to own this solar farm project long term after construction. The 15-year purchase power agreement (PPA) and flat, easy build project site make this a financially attractive solar farm project for many potential buyers, stated Green. ISS has secured a very credit-worthy EPC contractor that will construct this project in a timely fashion while providing the required long term operating and maintenance contracts needed.

For information on this project, investor relations or other shovel ready solar farm projects in ISS’s current portfolio, Green can be reached at (828)-215-9064.

ISS has gotten approvals in recent months from the North Carolina Utilities Commission for a number of large-scale solar projects.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.