Cypress Creek Reaches 1 Gigawatt Solar Construction Milestone
American solar developer Cypress Creek Renewables today announced that its construction arm of the company, Cypress Creek EPC, reached a major construction milestone of 1 gigawatt of solar built over the past 18 months, capping the company’s strongest year yet. In 2017 alone, the company built 800 megawatts of solar infrastructure in North Carolina, South Carolina, Oregon, Texas, Maryland, Massachusetts, Minnesota, New York, and Vermont. Cypress Creek Renewables’ 1 gigawatt of solar energy helped create more than 9,000 local jobs during construction.
Cypress Creek Renewables has spurred over $1 billion in local investment through the construction of renewable energy infrastructure and projects since 2016, the vast majority built using US manufactured steel and American equipment providers.
“Solar is a major driver of growth in US infrastructure and employment,” said Cypress Creek CEO Matt McGovern. “Cypress Creek Renewables is proud of our accomplishments and what we have built in partnership with landowners, communities, American manufacturers, investors, and utilities throughout the country.”
Solar manufacturing is one of the fastest growing manufacturing sectors in America. Jobs in US factories producing solar equipment have increased 58% from 2011 to 2016.
“I’d like to thank our customers, vendors, and Cypress Creek’s EPC team for helping us reach this tremendous milestone,” said Peter Farlekas, President, Engineering, Procurement and Construction. “Our company heads into 2018 prepared to build on our successful year.”
Renewable resources such as solar and wind consistently account for the majority of all new energy capacity installed in the U.S. Looking forward, solar will continue to provide safe and affordable power, boost the American economy, and improve the nation’s energy independence.
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About Cypress Creek Renewables
Cypress Creek Renewables is a leading renewables developer and independent power producer. It develops, finances, owns, and operates utility-scale and distributed solar and energy storage projects across the United States with a mission to power a sustainable future, one project at a time. Since inception, Cypress Creek has developed 12GW of solar projects. Today it owns more than 2GW of solar and has a more than 20GW solar and storage pipeline. Cypress Creek’s leading O&M services business, Cypress Creek Solutions, operates and maintains more than 4GW of solar projects for customers across 24 states.