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.
“One Stop” energy consortium for the development of renewable energy and energy conservation globally
Polaris Capital Power (“PCP”) is a renewable energy company formed by the founders of Polaris Capital Enterprises, Adelaide Solar Energy Inc., Constant Solar Energy Corporation, Sungrow Canada Inc. and HISEL Power Corporation. The Company is involved in solar PV, hydroelectric and biomass energy financing, development, design, engineering, manufacturing and provisioning. PCP additionally focuses on innovative energy efficiency, energy storage and energy conservation technologies. PCP has subsidiaries, joint venture partners and affiliated companies globally.
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: