S.C. Department of Commerce: Cypress Creek Renewables increases investment in South Carolina

Today the South Carolina Department of Commerce shared the below announcement regarding Cypress Creek’s 50MW solar project in Anderson County. We are thrilled to continue investing in South Carolina!

The photo above is of the Springfield project, an 8MW project that Cypress Creek developed and now owns and operates in Orangeburg County, SC.

Cypress Creek Renewables expanding operations in Anderson County
Company investing up to $68 million in new solar project

COLUMBIA, S.C. – Cypress Creek Renewables (Cypress Creek), a leading solar and storage energy company, today announced plans to grow operations in South Carolina with a new solar project in Anderson County. The company has taken the first steps to invest up to $68 million in a 50-megawatt (MW) solar facility in the county, capable of powering 9,100 homes annually. Founded in 2014, Cypress Creek is a mission-driven organization that develops, owns and operates utility-scale and distributed solar and energy storage projects across the country. In South Carolina, Cypress Creek has successfully developed both utility-scale and distributed solar projects and currently operates 27 solar facilities totaling 520MW of solar capacity throughout the state. For more information on Cypress Creek, visit the company’s website.

QUOTES
“We are thrilled to continue investing in South Carolina with a new 50MW solar facility in Anderson County. This project will add to the low-cost, emission-free electricity available for South Carolinians while also providing new tax revenue and jobs. We are grateful to Anderson County leaders and the state of South Carolina for continued support and collaboration and look forward to growing this partnership in the years ahead.” –Cypress Creek Renewables CEO Sarah Slusser

“Cypress Creek has been part of our state’s business community for years, and we look forward to the company expanding its presence in South Carolina with this new solar project in Anderson County. This announcement is a huge victory for our state and we couldn’t be happier.” –Gov. Henry McMaster

“When companies like Cypress Creek build on existing investments in South Carolina, it powers the communities and the people who live there. Congratulations to this great company, and we look forward to their continued work in the renewable energy industry.” –Secretary of Commerce Harry M. Lightsey III

“We’re proud to have the Cypress Creek project come to Anderson. I happen to think it’s a critical matter of national security and economic viability for our nation to have a diversified energy portfolio; and, I know we all welcome the availability to consumers of affordable energy options. We look forward to working with Cypress Creek and their partners.” –Anderson County Councilman Brett Sanders

FIVE FAST FACTS
• Cypress Creek Renewables (Cypress Creek) is expanding solar operations in Anderson County.
• The company will invest up to $68 million in the Anderson County facility.
• Company founded in 2014.
• Cypress Creek operates 27 solar facilities in South Carolina totaling 520MW of solar capacity.
• For more information on Cypress Creek Renewables, visit the company’s website.

S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. S.C. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. S.C. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. With a strong international footprint, the Palmetto State has consistently been among the top in the nation for attracting jobs through foreign direct investment on a per capita basis – recognized by multiple economic development publications for its pro-business climate. For more information, visit www.SCcommerce.com.

Cypress Creek Renewables
Cypress Creek Renewables is powering a sustainable future, one project at a time. We develop, own and operate utility-scale and distributed solar and energy storage projects across the United States. With 11GW of solar developed and 3.7GW under management, Cypress Creek is one of the country’s leading solar and storage energy companies. For more information about Cypress Creek, please visit www.ccrenew.com.