Innovative Solar Systems firms up plans to go public in 2015

Innovative Solar Systems (ISS) has become one of the largest developers of large scale solar farm projects in the United States. The company is based in North Carolina and has developed upwards of one gigawatt of projects in the company’s home state alone before expanding operations into about a dozen key states nationwide.

ISS managing partner and CEO John E. Green said the country is hungry for renewable energy with so many coal fired generating plants being phased out over the next ten years.

“There are very few alternatives to clean energy as coal goes away and solar power is the cheapest and most cost effective way to replace these out dated coal plants,” Green said.

ISS currently has hundreds of megawatts of solar farm projects approved and ready for immediate construction in North Carolina, and it has another gigawatt of projects in various stages of development across the United States.

By taking the company public in 2015, Green said that ISS will raise the needed capital to expand operations in all 50 states and make solar energy a reality to every rate paying consumer of electricity across the U.S.

With solar power equipment costs being at all-time lows and getting cheaper by the day, prices to produce energy by solar have become cheaper than gas, oil, hydro and coal. As EPA mandates become even stricter on traditional power plant emissions solar has become the go to power source for utility companies nationwide when it comes to replacing coal plants.

Solar Power World | January 5, 2015


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