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 Energy
Cypress Creek Energy is a U.S. independent power producer and developer of energy infrastructure designed to meet the nation’s rapidly growing demand for reliable, cost-effective, and sustainable electricity. Built on more than a decade of experience developing, financing, owning, and operating energy assets, the company delivers integrated solar, storage, and firm capacity solutions that serve utilities, communities, and large-load customers.
Cypress Creek believes energy infrastructure should create lasting value beyond generating affordable, sustainable electricity. Through responsible development, long-term ownership, and meaningful community partnerships, the company is committed to strengthening the places where it lives, works, and builds. Since inception, Cypress Creek has commercialized 19 GW of projects and today has more than 6.8 GW of assets operating or under construction, along with a 19 GW development pipeline. Through Cypress Creek Solutions, its in-house operations and maintenance platform, their experienced team manages more than 8.6 GW of energy assets for both Cypress Creek and third-party owners across 24 states.