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Illiana Power Corporation can assist you with solar products, webassets/solarpanel.jpgdesign, installation and tax credit preparedness. We work with certified electricians and contractors to ensure your solar system is designed and installed properly.  Coming in the 2nd-3rd quarter 2009, Power Purchase Agreements and financing.  You can order parts and systems directly from our website or contact us for an onsite solar evaluation, Monday-Friday, 9am-5pm.   SALES@RAWSOLAR.COM
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Power Purchase Agreements (Lease):
A Financing Vehicle Created Especially for Solar Power Buyers
Many companies and government entities are choosing to go solar through a recent financing mechanism known as a power purchase agreement or a PPA. A PPA is a long-term agreement to buy power from a separate company that finances and owns the solar system and then sells the end-user the electricity generated by the system.

Illiana Power Corporation PPA partners use their own funds to finance the installation of a solar power system for your facility. The same PPA partner maintains and operates the solar power system, typically for 15 years or more.

In purchasing, operating and maintaining the solar system, the PPA partner assumes all the risks and responsibilities of ownership. At the end of the PPA term you can either purchase the solar system at fair market value or extend the PPA.

With a PPA you reap all the advantages of going solar, from lower electricity costs to public relations benefits, while conserving precious capital for other needs and opportunities.

Cutting edge technology, news and products for a better future.

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Soliant Energy Gets General Electric Investment

General Electric seems to be covering its bases when it comes to solar power. The company, which four months ago bought a controlling stake in thin-film solar panel maker PrimeStar Solar, has added concentrating solar to its portfolio with a $2.5 million bet on Soliant Energy, based in Monrovia, Calif.

The two startups are about as different as they come. Whereas thin-film solar, such as PrimeStar makes, is very low efficiency but dirt cheap, Soliant makes panels that focus the sun’s rays on a single point, providing the equivalent of 500 suns’ energy to tiny, high efficiency panels. That approach, predictably enough, costs far more per panel than thin film, although they may be competitive on the cost per watt of electricity.

Each scheme has its advantages, but it’s unclear yet whether thin film, concentrating solar or traditional silicon-based solar photovoltaics will win a majority share of the solar market. Soliant, for its part, has been around longer than some concentrating photovoltaic (CPV) companies. We first covered it in 2006, when it was still called Practical Instruments and had just raised $8 million to help develop its panels.

Nowadays it has plenty of competition, from a slew of companies including GreenVolts, Sunrgi and SolFocus, the last of which recently edged close to $100 million in funding. Soliant’s not quite there yet, but its product is at least completed and has some notable differences to other CPV panels on the market. The company fits a number of lenses and mirrors into a nearly flat array, providing a lightweight setup.

However, like almost all CPV systems, Soliant requires a dual-axis tracking system to keep its panels aimed at the sun, so don’t expect to see the units on home rooftops. Instead, they can be installed on commercial roofs or on the ground. Next year, the company will open its first plant, making 40 megawatts worth of panels annually.

The $2.5 million that GE Energy Financial Services provided is part of a larger $21 million round the Convexa Capital, Rockport Capital Partners, Nth Power, Trinity Ventures and Rincon Venture Partners are also taking part in. Soliant is based in Monrovia, Calif.




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