Solar power can immense heating capabilities. Courtesy of hotonsolar.com
Cypress Creek Renewables, a company specializing in developing and owning long-term solar energy projects, recently invested in three solar energy facilities located in Lexington County, South Carolina.
The investment, which exceed $30 million, is the first step in expanding the company’s growing business.
“We are thrilled that Lexington County continues to support local solar and the efforts of Cypress Creek to provide inexpensive renewable energy to local homes and businesses,” Matthew McGovern, CEO of Cypress Creek Renewables, said. “Thanks to community leaders, Southern Current, our utility partners, and the state of South Carolina for recognizing that solar plays an important role in our nation’s energy mix.”
This project serves as part of two other solar facilities based in Swansea in Lexington County. The company first announced these other facilities in August of last year.
Cypress uses utilities, regulators, and business development groups to develop two to 10 megawatt utility scale projects throughout the U.S. Part of the company’s ongoing goal is to develop over one gigawatt of new solar energy projects.
“We are very excited and thankful that Lexington County is continuing to support the growth of renewables throughout the county and the state,” Paul Fleury, the principle and chief development officer of Southern Current, LLC, said. “These projects are the culmination of a lot of hard work, perseverance and team work of which we are proud to play a part.”
Cypress Creek Renewables currently runs offices in Missouri, Arizona, North Carolina, New York, San Francisco, and Los Angeles. The company’s goal is to make solar power an economic asset to consumers and utilities.
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