SC to Gain $1.5B Solar Investment
- Nov 07, 2017
Cypress Creek Renewables intends to invest around $1.5 billion in South Carolina. The plan consists of the addition of more than 80 projects that are estimated to bring 2 gigawatts of solar power in the Palmetto State, sufficient to power 600,000 homes.
In partnership with Greenville Technical College, Cypress Creek will train up to 7,000 new solar workers, planning to boost the total number of South Carolina solar energy employees to 10,000 over the next decade. The plan will be initiated through a $25,000 investment in Greenville Technical College’s Solar Training Center that will support the development of new curriculum and provide scholarship assistance for students, with a focus on veterans.
“South Carolina’s solar industry, like every industry in our state, is growing and bringing new jobs and investment to our state. This new partnership between Cypress Creek Renewables and Greenville Technical College is an important step towards strengthening our energy workforce and creating opportunities for South Carolinians,” South Carolina Governor Henry McMaster said in prepared remarks.
Matthew McGovern, CEO of Cypress Creek Renewables, added that “The solar industry has grown 17 times faster than the rest of the U.S. economy. Our partnership with Greenville Technical College serves as a model for how we can continue to create good paying jobs and opportunities for American families for years to come.”