PCP's main goal is to be a "one step" energy consortium for the development of renewable energy globally. In collaboration with its business partners, PCP aims to be an investor, developer, EPC, and operator of renewable electricity generation facilities globally. PCP's management team, together with its business partners, is engaged in renewable energy development internationally, including Canada, the USA, Southeast Asia, Europe, the Caribbean and Latin American Countries. PCP focus on countries:
Polaris Capital Power ("PCP") is a renewable energy development and investment company formed by founders of Polaris Capital Enterprises, Adelaide Solar Energy Inc., HiFi Solar Energy, Constant Solar Energy Corporation, Sungrow Canada Inc. and HiSEL Power Corporation, involved in renewable energy development, design, engineering, manufacturing, provisioning and financing in the USA, Canada, and abroad, including emerging markets. Its US business is conducted by its wholly owned subsidiary, Polaris Capital Power Corporation ("PCPC"). Its international business is conducted by its wholly owned subsidiary, Polaris Capital Power International ("PCPI").
PCP's general plan is to develop some 1,000 MW of solar projects in the various states and countries that provide optimal financial and operating conditions for such renewable energy development and/or in which there is a "need" for power. Using USA general capital cost numbers, this minimum annual 100 MW (DC) target represents, at current prices, approx. $ 175 - 200 million USD of project capital expenditure annually, as many as 12 - 20 projects per year.