Area Development
Cypress Creek Renewables, a company that specializes in the ownership and development of long-term solar energy projects, has taken first steps toward investing $10 million in a solar energy project located off of Wix Road in Dillon, South Carolina.

“Cypress Creek is thrilled to be making an important investment in the local economy of Dillon County by generating clean energy that will help lead South Carolina and our country toward energy independence. We greatly appreciate the cooperation of our partnering utilities and the local leaders who helped make this project possible,” said Cypress Creek Renewables CEO Matthew McGovern.

“Southern Current is thankful to be part of the team developing this project. It’s another example of how South Carolina is furthering its commitment to support a vibrant clean energy economy in the state,” Southern Current, LLC Principal/Chief Development Officer Paul Fleury added.

The company is working in partnership with Southern Current, which is the newly-merged entity comprised of long time development partners Sustainable Energy Solutions and Solbridge Energy. Southern Current oversees local development activities including site identification and acquisition, obtaining necessary permits and coordinating with the utilities amongst other due diligence activities. Together, they have received economic development approvals for a facility in Dillon County, which is expected to be fully operational by the end of 2016.

The solar facility is expected to produce 10 megawatts of energy at full capacity. Ten megawatts of solar energy is enough to provide inexpensive, secure, clean energy to approximately 2,000 South Carolina homes.

“We’re excited to see Cypress Creek continue to invest in our state and our people. 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,” Governor Nikki Haley said.