Cypress Creek Renewables to invest US$20 million in South Carolina solar rush
Renewable energy developer Cypress Creek Renewables is to invest more than US$20 million in two new projects in South Carolina as it looks to capitalise on the US state’s solar boom.
The South Carolina Department of Commerce confirmed yesterday that the company is committed to develop two 10MW utility-scale solar farms in Lexington County as part its plans to establish 1GW of solar in the US before the end of 2016.
Cypress Creek is currently working with local installer Sustainable Energy Solutions to identify specific sites for the projects, and both parties are currently coordinating with utilities with a view to having both sites fully operational by the end of 2016.
South Carolina secretary of commerce Bobby Hitt said that the investment would “further strengthen” the state’s reputation in renewable energy and provide economic and environmental benefits for the local area.
South Carolina has proven to be something of a solar hotspot in recent months, attracting interest from a number of developers. Duke Energy has shown particular interest in the state and last weekissued RFPs for around 53MW of utility-scale projects in the area, having signed a “key milestone” solar agreement with state authorities in May.
Residential installer Sunrun has also targeted investment in the state and in June committed tocreating more than 50 jobs as it opens a permanent office and warehouse in state capital Columbia.