As proud members of the North Carolina clean energy community, we look forward to seeing many more projects like this one through to fruition.
Santa Monica, CA (PRWEB) December 20, 2016
Cypress Creek Renewables, the nation’s fastest-growing solar farm developer, announced today the completion of one its largest utility-scale solar energy facility to date. Operating under the name Innovative Solar 46, the Cumberland County, North Carolina project is located in the city of Hope Mills and is considered the single largest solar farm ever built east of the Mississippi River. The project will provide an estimated 78.5 megawatts of clean energy to homes and businesses within the region.
The Innovative Solar 46 project was developed in partnership with Entropy, a North Carolina energy investment company, and it will supply its clean energy to customers via a power purchase agreement with Duke Energy Progress.
As the largest solar farm project ever built in the Southeastern United States, it’s also the largest in Cypress Creek’s portfolio, which will exceed 1 gigawatt in operation nationwide by the end of 2016. Innovative Solar 46 will provide clean energy to an estimated 25,000 homes and businesses in the region.
“As the largest solar farm east of the Mississippi, Innovative Solar 46 is a great example of the state’s dedication to renewables implementation. As proud members of the North Carolina clean energy community, we look forward to seeing many more projects like this one through to fruition,” said Cypress Creek CEO Matthew McGovern.
For more information about Cypress Creek Renewables, visit http://www.ccrenew.com.
About Cypress Creek Renewables: Cypress Creek Renewables is the American leader in Local Solar. Cypress uses a data-driven approach to identify and acquire underutilized land on which it builds solar farms ranging from 2 – 20MW on average, and it currently owns the largest solar farm east of the Mississippi River. Cypress sells the renewable energy these solar farms create back to local communities, typically at rates lower than fossil fuels. This process guarantees widespread, affordable access to clean energy.
Cypress is fully integrated, it finances, builds and operates its utility-scale solar farms with the support of over 200 team members and it has invested over $1.5 billion into solar farms since 2014. Cypress’s philosophy is that the solar farm process only works if it is a “win” for everyone, promoting partnerships with landowners, local communities, regulators, lenders and consumers (utilities, businesses and individuals) to maximize green energy usage and to create local jobs and community development.
With over 4 gigawatts of local solar farms deployed or in development (enough to power nearly a million homes) across 15 states, Cypress Creek Renewables is the largest and fastest-growing dedicated provider of local solar farms in the United States.