Company investing $66.8 million in six new Hampton County solar projects
OCT. 23, 2015 | Cypress Creek Renewables, a company that specializes in the ownership and development of long-term solar energy projects, has taken the first step towards investing $66.8 million in six new solar energy facilities in Hampton County.
“Building solar in Hampton County is about investing in the future by providing homes with clean, affordable energy,” said Cypress Creek Renewables CEO Matthew McGovern. “We are thrilled to be long-term partners in the community and are thankful to county leaders, the State of South Carolina, and Sustainable Energy Solutions for their leadership.”
With offices in Arizona, Missouri, New York and North Carolina, as well as Los Angeles and San Francisco, Calif., Cypress Creek Renewables strives to make solar power economically attractive to utilities and consumers. Primarily focused on two to 10 megawatt utility scale projects, Cypress is working with regulators, utilities and business development groups throughout the United States to build more than one gigawatt of new solar projects between now and the end of 2016.
The company is working in partnership with Sustainable Energy Solutions, which is assisting Cypress by identifying sites, obtaining necessary permits and coordinating with the utilities.
“We are very appreciative of the support we’ve received from the Hampton County economic development officials, county council and all of our partners,” said. Sustainable Energy Solutions, LLC, Owner and Director of Business Development Paul Fleury. This is a very important step in providing more clean energy to the state of South Carolina.”
Together, the companies have received approval to build six facilities in and around three different towns within Hampton County, all of which are expected to be fully operational by the end of 2016.
- In Brunson, S.C., Cypress is constructing a $10 million, 10-megawatt facility off of Broader Road.
- In Hampton, S.C., the company is investing $26 million to construct a six-megawatt facility and a 20- megawatt facility on two separate sites off of Augusta Highway.
- In Estill, S.C., Cypress is investing $30 million to construct three separate operations – a 12-megawatt facility off of Nixville Road, an 8- megawatt facility off of Columbia Highway and a 10-megawatt facility off of Steep Bottom Road.
“We’re excited to see Cypress Creek continue to invest in our state and our people,” said Gov. Nikki Haley. “We have worked extremely hard to build a business environment in South Carolina that is open to all kinds of companies, and we look forward to seeing both Cypress Creek and the renewable energy industry grow here in the future.”
Southern Carolina Alliance Chairman Buddy Phillips added, “Cypress Creek Renewables will be an asset to our industrial community and a great addition to the array of ‘green’ industries located in our region. We look forward to working with Cypress Creek Renewables in the coming years.”