National Renewable Energy Corporation, a renewable energy independent power producer, announced the development of Cardinal Solar, a new solar power operation in Marion, South Carolina.
The company is focused on the development, engineering, procurement, construction and operation of utility scale and commercial solar installations. The project is expected to bring $8.75 million in new capital investment. Operations are expected to be online in the fourth quarter of 2020.
Located at 261 Curtis Floyd Road in Marion, Cardinal Solar LLC will produce renewable solar energy from photovoltaic panels currently sized at seven megawatts of alternating current. One megawatt AC of solar energy is enough to provide clean energy to approximately 200 South Carolina homes.
“We are excited to advance another one of our large-scale solar facilities in South Carolina and look forward to being a new member of the Marion County community. Once constructed, our renewable solar facility will provide discretionary property tax income to Marion County, along with delivering clean, on-peak power to serve South Carolinians when they need it most. We are truly honored to partner with Marion County and South Carolina on this facility,” said NARENCO President, Development Jesse Montgomery.
“This investment by NARENCO continues to grow South Carolina’s reputation as a top business destination for industries of all types. I’m proud to welcome NARENCO to Marion County and celebrate the environmental and economic opportunities that this project will create,” said Secretary of Commerce Bobby Hitt.
"We would like to welcome NARENCO to Marion County. We greatly appreciate this company choosing to locate a new solar farm here and the investment that they are making in our county. We look forward to working with NARENCO and seeing solar energy continue to expand here” Marion County Council Chair Buddy Collins said.