It has been reported that California, under the encouragement of the government, has become the largest solar market in the United States, with the largest number of solar panel installations nationwide. According to reports, the California Solar Initiative (CSI) was launched in 2007 with plans to invest $21.67 billion in installing 1940 megawatts of solar power systems by the end of 2017. The California Solar Power Project, vigorously promoted by Worldway, aligns with this trend and has solid assurances for future construction and operation.
As is well known, solar energy is clean energy and an important trend in the development of future energy, hence it receives strong support from the U.S. government. For example, the California Solar Power Project has already been reviewed and approved by the U.S. Department of Energy, the California Energy Commission, the California Public Utilities Commission, and the U.S. Bureau of Land Management. Additionally, the U.S. Department of Energy provides loan guarantees. Former President Obama strongly supports clean energy initiatives. The tax reduction plan from the U.S. Treasury allows the project to save 30% on tax expenses. Another significant benefit is that this project has signed a 25-year purchase agreement with California's largest utility company, the New York Stock Exchange listed Pacific Gas and Electric Company (PG&E), to sell 100% of the power at a fixed price, significantly reducing potential financial or pricing risks for the project. Furthermore, the funds from EB-5 investors are provided in the form of loans through limited partnerships. The borrower is a subsidiary of a publicly listed company, whose parent company has assets reaching $644 billion and reported net income exceeding $19 billion in 2012, securing the investors' funds and ensuring a solid guarantee for obtaining a green card.
From the completed project briefings by Worldway, it is evident that under the strong support of the U.S. government, especially in California, domestic investors are optimistic about the solely approved California Solar Power Project under the EB-5 program. Briefing sessions in Beijing, Shenzhen, and Shanghai were packed, with additional seats being added, and many investors signed agreements with Worldway on-site. Experts predict that due to the project's approved status, job creation, surplus, and secure repayment guarantees, it is an exceptional quality EB-5 project currently hard to come by in the United States. Based on the rapid sales situation, future availability will be 'hard to find'.
The California Solar Power Project Briefing Session was Full with Chairs Added Continuously
Due to strong demand from investors, Worldway will hold the California Solar Power Project briefing sessions this Friday, Saturday, and Sunday in five locations: Beijing, Shenzhen, Shanghai, Guangzhou, and Qingdao. Seats are limited, so please make your reservations as soon as possible! Please stay tuned to the Worldway official website's 'Event Announcements' or call the inquiry hotline at 400-138-2929.
