North Carolina-based Innovative Solar Systems LLC (ISS) is currently accepting bids from potential buyers of nine utility-scale solar projects under construction in southeastern U.S. totaling over 300 MW.
The developer says the projects range in size from 20 MW to 80 MW, and some of them will be online by Dec. 31, 2016, while others will be online in 2017. According to ISS, all of the projects being offered in this portfolio will include tier-one PV panels, inverters and single-axis trackers. Financial models for these projects indicate an approximate return of 15% for the debt equity investor and about a 35% return for the tax credit investor, the company adds.
ISS notes it is funding the construction, and the projects will be sold either during construction or at full commercial operation date. For more information on these projects and to discuss the bidding process, interested parties can contact ISS CEO John E Green at (828) 215-9064 or johngreen@innovativesolarsystemsllc.com.
