Cypress Creek Renewables, a renewable energy company with offices and completed and in-progress projects all over the United States, announced plans recently to make a $12-million investment in solar energy projects in Saluda County, South Carolina.
The Saluda County projects, a nine-megawatt facility off SC Highway 121 and a four-megawatt facility off Columbia Highway, are both expected to be complete at the end of 2016. These two facilities, when complete, will produce enough solar energy to power about 2,800 homes.
"Team South Carolina’s approach to providing a business-friendly environment for all types of companies continues to pay off, and Cypress Creek’s investment in Saluda County is a testament to that," South Carolina Gov. Nikki Haley said. "We look forward to seeing the impact that the renewable energy industry will have in Saluda, and across the state.”
To get the Saluda facilities up and running, Cypress Creek representatives are working closely with Southern Current, the new company formed from the merger of Sustainable Energy Solutions and Solbridge Energy. Southern Current staff will assist Cypress Creek with site identification services as well as the securing of permits and coordinating with other local utility companies.
"It’s very exciting to be part of projects like these that are helping to reshape South Carolina’s energy future," Paul Fleury, Southern Current's chief development officer, said. "This would not be possible without the support of the local community and all of our development partners.”
Cypress Creek Renewables' focus is on long-term solar energy projects, which the company owns and develops. Most the company's projects are two- to 10-megawatt scale. Company officials said Cypress Creek will have completed more than one gigawatt's worth of new solar projects by the end of the year.
“Local solar projects help to grow the economy by providing clean, renewable energy for homes and businesses," Matthew McGovern, Cypress Creek Renewbles' CEO, said. "Working in partnership with our utility partners, local leaders, and the state of South Carolina, gives us the opportunity to help build an energy-independent future.”