We present an innovative soft X-ray polarimeter and spectrometer SOLPEX. The instrument is to be mounted aboard the ISS within the Russian science complex KORTES. The measurements to be made by SOLPEX are expected to be of unprecedented quality in terms of sensitivity to detect the soft-X-ray polarization of solar emission emanating from active regions and flares in particular. Simultaneous measurements of the polarization degree and the other characteristics (eg. evolution of the spectra) constitute the last, rather unexplored area of solar X-ray spectroscopy providing substantial diagnostic potential. Second important science task to be addressed are the measurements of Doppler shifts in selected X-ray spectral emission lines formed in hot flaring sources. The novel-type Dopplerometer (flat Bragg crystal drum unit) is planned to be a part of SOLPEX and will allow to measure line Doppler shifts in absolute terms with unprecedented time resolution (fraction of a second) during the impulsive flare phases. We shall present some details of the SOLPEX instrument and discuss observing sequences in a view of science objectives to be reached.