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Cypress Creek boosts S.C. solar project investments to $146M

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Staff Report
colanews@scbiznews.com
Published Oct. 30, 2015

Cypress Creek Renewables plans to boost its investment in South Carolina solar projects to more than $146 million by building three new facilities in Calhoun County.

The firm announced Thursday that it will spend $34 million constructing a 10-megawatt facility off of Preference Road in St. Matthews, as well as a 4-megawatt facility in Cameron, and a 20-megawatt facility off of Cameron Road in Calhoun County.

solar panels web
Cypress Creek previously announced plans for a $66.8 million investment in six new Hampton County projects, $25 million for facilities and Florence and Darlington counties, and another $20.4 million to establish two operations in Lexington County.

“The 34 megawatts generated here in St. Matthews and Cameron will help South Carolina and the United States meet the goal of over 1 new gigawatt in solar projects by the end of 2016,” said Calhoun County Council Chairman David K. Summers Jr.

Headquartered in Carrboro, N.C., Cypress Creek is primarily focused on 2- to 10-megawatt utility scale projects. The company has announced intentions to build more than 1 gigawatt of new solar projects between now and the end of 2016.

“We welcome Cypress Creek Renewables to Calhoun County and again to the Central S.C. Region,” said Central SC Alliance Chairman Mike Brenan. “Their commitment to clean renewable energy is a great benefit to the citizens and stakeholders of this community and for future generations to come.”

Paul Fleury, owner and director of business development for Sustainable Energy Solutions, which is manage the operation, praised the support of state and local officials in making the project doable.

“Projects like these don’t happen without the support of the local government and strong partnerships with organizations like Cypress Creek and the rest of our development team,” Fluery said.

Summers added that the project helps meets energy goals and creates jobs.

“Calhoun County continues to prove that low taxes, reasonable regulation and a business-friendly environment will make you a fertile field ripe for new investment,” Summers said. “These solar projects coming into our county will not only bring us a new revenue stream and construction jobs, but also a new era in helping meet our state’s energy needs.”

The Calhoun County facilities are expected to be fully operational by the end of 2016.

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