My name is a Ken Verma and I am CEO of Vermaland. Our company is one of the larger land development companies in Phoenix.
Approximately four years ago we started looking at solar power plant opportunities. We spent approximately $5 million acquiring additional land for solar power plants, going through permit processing, engineering and marketing these properties to solar power plant developers. We have rezoned our lands for solar power plants. This is an expensive and time consuming process.
To date, we have worked with over 25 developers from all over the country and world who are interested in developing solar in Arizona on our lands. We have purchase agreements from these developers for $30 million. Approximately $1 million has been received on these option purchase agreements.
If the solar industry were to gain momentum in Arizona, our company would potentially earn nearly $30 million in revenue from the sales of our land for solar; $30 million in revenue for a local, Arizona company, is very significant.
Imagine the income tax revenue from this and then the solar power developments on these lands shall be worth billions. Imagine the employment and the economic boost it will give to Arizona. Solar is the only bright spot in Arizona economy.
Already, the developers are feeling frustrated with the time it takes to go through the permit process, and APS transmission line capacity studies, and interconnection studies, and then they have to go through the RFP process for APS — and then go through Arizona Corporation Commission.
Ken Verma
Phoenix
Leon Ceniceros posted at 4:13 pm on Wed, Mar 21, 2012.
"Solar (d)evelopment process cumbersome, time consuming".
Now where have I heard that... "EXACT".... phrase ???
Oh, I know from the Floor of the House of Representatives...that's where....yes...now I remember (little gray cells getting up from their nap....lol)....the .."REPUBLICANS"...were using those exact same words complaining that Barack Hussein Obama had rejected the .."Keystone Pipeline"...sending all those tax revenues, gasoline and tens of thousands of high paying jobs to...............CHINA.
Let's put solar panels all over the Monuments in Monument Valley...up one side and down the other of the Grand Canyon..........who need "desert vistas"....let's carpet Arizona from Border to Border with solar panels.
Hey, I have the perfect place for them...who needs a Border Fence...get the Private Sector to put 20" high solar panels one against the other and bolt them into place from New Mexico to the Colorado River (California Border)....we will kill 2 birds with 1 stone......STOP ILLEGAL ALIENS FROM COMING INTO ARIZONA WITH 40LB BACKPACKS FULL OF MARIJUANA, COCAINE, METH AND/OR OPIUM........AND....WE GET ECOLOGICALLY SAVE ELECTRICITY.....WOW...AM I A GENIUS....OR AM I A GENIUS [wink]
Dale Whiting posted at 7:43 am on Thu, Mar 22, 2012.
Ken,
Have you approached First Solar in Tempe? My acquaintence there finds financing for projects like yours. First Solar finds the financing so that they can sell the panels. He's looking for clients now. He's got the money.
Daddyburger posted at 8:48 pm on Thu, Mar 22, 2012.
Ken:
Yes, approach First Solar. They have a new factory in Mesa that "promised" 600 jobs now and many more later making their solar panels. Turns out they can't compete in the market and will not be making anything here in Mesa for several years if ever!
Maybe they can buy your land for another factory that won't produce anything or hire anyone! Better yet, check with Obama--he has the money to lend to businesses that produce nothing and hire nobody.
VofReason posted at 1:43 pm on Fri, Mar 23, 2012.
Oh say and maybe an electric car lot too. Can probably sell at least 100 in the next year or so. Probably get a fat grant from the feb for that too. Can loose someone else's money quick and easy
wangly posted at 7:50 pm on Fri, Nov 9, 2012.
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