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51-MW Solar Farm Project Launches in South Carolina

Construction Begins on 51-Megawatt Solar Generation Project in South Carolina

South Carolina Governor Henry McMaster officiated the groundbreaking ceremony this morning for the first of four solar plants in the 51-megawatt project.

(New York, NY-  July 27, 2018) C2 Energy Capital broke ground today on the first of four South Carolina solar generation plants that will make up a 51-megawatt (MWDC)/36 MWAC portfolio. The 10.82 MWDC / 8.16MWac Lexington County plant, Diamond Solar, is expected to reach commercial operations by end of 2018.

“We’re proud to begin construction on the Diamond Solar plant, a project that will bring South Carolina area residents and businesses clean power, new jobs, and economic investment,” said Richard Dovere, Managing Member, C2 Energy Capital, LLC. “South Carolina has a bright future ahead with a growing population, productive workforce, and expanding economy. The Diamond project, and the three additional plants that will be built in Barnwell County, represent our long-term commitment and investment toward an even brighter future for the state fueled by clean energy, new technology, and sustainable growth opportunities.”

The Diamond Solar plant is projected to generate an estimated $1.44 million in tax revenue over the lifetime of the project for South Carolina. Cumulatively, the four plants are expected to create approximately 340 craft labor area jobs during peak construction of the projects.

The projects were established by local Charleston based developer, Southern Current, and financed by Salt Lake City based Celtic Bank.

“Southern Current is committed to bringing a cheaper, more sustainable energy future to South Carolina. The Diamond plant is another step in that direction and we are excited to see it start construction. I’d also like to offer a special thank you to the forward-looking leadership in Lexington County who assisted us with developing this project,” said Bret Sowers, Vice President, Southern Current.

Justin Fuller, Senior Vice President of Renewable Energy Finance for Celtic Bank remarked, “Celtic Bank is pleased to partner with the project stakeholders to finance our first South Carolina portfolio with both construction and long-term financing. It’s a market that we’ve watched grow quickly over the last two years and we’re proud to contribute to its continued proliferation.” 

DEPCOM Power will direct the engineering, procurement, construction, operations, and maintenance services for the 51-megawatt portfolio.

“We look forward to designing, building and operating an efficient, clean energy solar plant for the great state of South Carolina. As part of our commitment to the local communities where we build, DEPCOM will also seek to invest in the local economy, sourcing services from local businesses, hiring 90% of our craft labor force locally, and recruiting local, U.S. veterans,” said, Tony Perrino, Vice President of Operations, DEPCOM Power.

During the groundbreaking, DEPCOM Power’s CEO, Jim Lamon, announced donations to local outreach organizations on behalf of the project’s community stewardship commitment. A $20,000 donation to local food bank, Harvest Hope, was provided to Board Chairman Davis Bourne, along with an $18,000 donation to The Independence Fund, which provided a tracked mobility chair for a local wounded veteran.

First-year production for the Diamond Solar plant is expected to be approximately 18,708 MWh. The three additional solar plants, Blackville Solar II (20 MWAC), Edison Solar (4.76 MWAC), and Richardson Solar (3.6 MWAC), will be based in Barnwell County. Diamond Solar, Blackville Solar and Edison Solar and are expected to begin providing power to the grid for area residents and businesses in 2018 and Richardson Solar slated to come online in Summer 2019. Once completed, the 51-megawatt project will deliver clean energy for an estimated 2,100 households and businesses in the area.

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About C2 Energy Capital

C2 Energy Capital is a private investment firm that specializes in creating state-of-the-art sustainable, efficient, and clean power generation opportunities across the country. Based in New York, the C2 team combines extensive financing, development, and operational expertise with a commitment to building long-term relationships, delivering operational excellence, and creating a sustainable energy future. www.c2.energy

 

About Celtic Bank:

Founded in 2001 and headquartered in Salt Lake City, Utah, Celtic Bank is a privately owned industrial bank chartered by the State of Utah.  Celtic Bank specializes in small business finance, helping business owners with working capital, expansion, acquisition, construction, equipment financing, renewable energy finance, real estate purchase, refinance, and more. Celtic Bank has ranked as one of the top ten SBA lenders nationally since 2013, with a proven track record in a range of industries, including Renewable Energy Finance, Healthcare, Gas Station / C-Store, Car Wash, Hotel and others.  We approach every business loan application with a creative and problem-solving mindset and aim to structure tailored financing solutions that help our clients meet their growth objectives. www.celticbank.com

 

About Southern Current

Headquartered in Charleston, SC, Southern Current is a leading developer and installer in the residential, commercial and utility-scale markets with hundreds of systems currently providing clean power to customers across the Southeastern US. Our integrated platform includes Project Development, Engineering, Construction, Maintenance, Finance and Asset Management. www.southerncurrentllc.com

 

About DEPCOM Power

DEPCOM Power is a partner in utility scale solar for: Project Development Support, Engineering, Procurement & Construction and Operations and Maintenance services for utilities, independent power producers and project development companies. DEPCOM Power leverages a highly experienced solar team, technology and agnostic top-tier solar modules and cost-effective balance of system components to provide optimum levels of agility, price and quality for utility scale solar. www.depcompower.com

South Carolina Solar Energy News – January Edition

The following article contains important news about solar & renewable energy in South Carolina from the month of January 2018. Contact the Southeast’s leading solar company Southern Current to learn about saving money by powering your home or business with clean, unlimited solar energy.

January News Solar Energy In South Carolina

PV Magazine USA: Tariffs on imported solar materials approved by U.S. ITC

Panels are the single largest expense in a solar installation and a new 30% tariff will raise prices of the overall system. This tariff could result in a $2,000-$2,500 increase on a typical 10 kW residential installation. Southern Current will continue to work hard to minimize the economic impact of this tariff on our customers. One way Southern Current is achieving this goal is by maintaining our current pricing while we still have a supply of pre-tariff panels in inventory. To learn more please contact us at 843.277.2090

Congressman Mark Sanford visited the Southern Current office in January

Above: Sanford (left) poses with Southern Current’s Stephanie Dohn, Director of Government Relations and Jon Downey, President

“One of the largest economic drivers in rural South Carolina is solar, as developers are investing billions of dollars in new infrastructure, creating millions of dollars in new tax revenue, and providing a diversified source of income that is critical to farmers. South Carolina should be looking to innovative companies like Southern Current who have proven to be competitive in a non-competitive market by providing the lowest cost power to our grid.” -Congressman Mark Sanford

The Post and Courier: Solar companies ask new S.C. Energy Caucus to lift cap on residential solar

Bret Sowers, vice president of development and strategy with Southern Current, asked state lawmakers on a new Energy Caucus to consider solar-friendly legislation.

Solar companies see opportunity as the South Carolina Legislature continues to wrestle with the cancellation of two unfinished nuclear reactors at V.C. Summer station in Fairfield County. A new legislative energy caucus met for the first time in January, and Southern Current’s Bret Sowers asked state lawmakers to repeal a law saying no more than 2 percent of the state’s electricity production can come from solar panels on residential properties.

Southern Current Blog: Employees complete week-long solar safety training

 

Members of the Southern Current solar installation team recently wrapped up a week-long course designed to enhance the care and safety taken on job sites. The program was 100% voluntary, meaning no local, state, or other authorities ordered this training to occur. Learn about the safety training on our Blog.

Save Money With Solar Energy In South Carolina

Southern Current is proud to be one of the top Solar Installers in the Southeast. Thanks to the numerous Solar Rebates & Incentives that are currently available, there’s never been a more affordable time to create your own energy! View the Southern Current Solar Panel Installation Portfolio to see projects we’ve completed in your area, or Contact Us to request information about a solar panel installation for your home or business and see how much you can save with solar.

 

South Carolina Solar Energy News – October Edition

The following article contains important news about solar & renewable energy in South Carolina from the month of October. Contact the Southeast’s leading solar company Southern Current to learn about saving money by powering your home or business with clean, unlimited solar energy.

October News About Solar Energy In South Carolina

The Post and Courier: Southern Current Voted Charleston’s Best Solar Company

After 215,000+ votes of 6,000+ businesses, the Lowcountry has “Voiced Its Choice!” Congrats to Southern Current, who has placed as a WINNER in the 2017 Post & Courier Charleston’s Choice Awards!!

PV Magazine: Zillow Expands Its Solar Evaluation Listings To 84 Million Homes

Great news! Zillow has expanded its solar evaluation listings to 84 million homes! Next time you’re researching a home, Zillow will tell you its ‘Sun Number’ or solar potential on a number scale from 1-100. The new feature falls under the ‘Utilities’ section beneath a header labeled ‘Green Energy.’

Greenville Online: Clemson University’s Mobile Health Clinic Powered By The Sun

In October Clemson University unveiled a specially designed 23-by-16-foot mobile health clinic. Its outfitted with eight solar panels on the roof that charge the entire clinic, eliminating polluting exhaust fumes and noise. Staffed with nurse practitioners, registered nurses and other health care providers, the clinic travels from town to town throughout the Upstate caring for the region’s low-income residents.

WRDW-TV: The Bright Side Of Going Solar

Channel 12 News Augusta recently featured a Southern Current residential solar install to illustrate how you can power your home with sunshine for the same price as electricity from the grid (or less). Fall temperatures mean falling power bills but more homeowners are erasing their electric bill entirely with solar panels. Click the WRDW-TV link above to watch the news clip.

Save Money With Solar Energy In South Carolina

Southern Current is proud to be one of the top solar installers in the Southeast. Thanks to the numerous South Carolina solar rebates & incentives that are currently available, there’s never been a more affordable time to create your own energy! View the Southern Current Solar Panel Installation Portfolio to see projects we’ve completed in your area, or Contact Us to request information about a solar panel installation for your home or business and see how much you can save with solar.

Customer Review: Charleston Solar Homeowners Rate Southern Current

The following interview was conducted with Brenda and Gary S., Southern Current residential solar customers who live in Charleston, South Carolina. Find out how much money you could be saving on electricity costs by contacting Southern Current today!

Please tell us a little bit about yourselves.

We retired in Charleston in 2009.

Why did you decide to switch to solar energy?

We didn’t switch, but rather added solar panels to reduce power bills.

How much did you know about solar energy?

We have been looking into solar for several years. We’ve been interested in energy efficient homes since building a geodesic dome in 1983.

What kind of system did Southern Current install for your home?

We have 37 panels, LG 360w NEON, a 13.23 kW system, roof mounted with compatible inverter.

 

View of solar panel installation in Charleston, South Carolina by Southern Current.

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Detail of solar panel roof atop a house in Charleston.

What made you choose Southern Current for your solar installation?

We looked up several companies and compared them against one another including getting cost estimates from different companies during the past year. We liked most what we saw about Southern Current.

What was the process of going solar like?

Do your research, compare different companies and systems, decide what you want, get a price, choose a company to install, pay the money, wait, get installation…begin saving money!

What was the most difficult part of the solar process?

Waiting for all the approvals, certificates, inspections and the actual installation process. Once we made up our minds to do it we were excited and ready to roll with it.

What benefits have you seen since the installation?

In August we saved $243.62 and it was a month with many stormy, overcast and cloudy days! We generated 1539 kwh for the month.

We have a computer program that shows us how much we are generating and using and it appears that we will reach or exceed our estimated production. We have a big house, over 4,100 square feet, we have a pool and lots of guests so our power bills have been big.

What would you say to someone who is interested in going solar?

Where else can you make an investment that you will recover 55% on your income taxes and have that investment begin to pay you back at a rate that far exceeds any interest you could earn on that money? Our projected savings is 63% of our power bills and if that turns out to be true we will in essence be earning better than 10% on the money we spent. That’s better than any bank!

Want to learn more about solar power in South Carolina?

Southern Current is proud to be one of the leading solar companies in South Carolina, with services available throughout the Southeast. Contact us TODAY to schedule a FREE consultation, and find out how much you could be saving with solar!

Charleston, South Carolina Homeowner Discusses Going Solar With Southern Current

The following interview was conducted with Marv N., Southern Current residential solar customer who lives in Charleston, South Carolina. Find out how much money you could be saving on electricity costs by contacting Southern Current today!

Please tell us a little bit about yourself.

My wife and I retired to Charleston from Chicago 10 years ago. I am a retired science teacher and my wife is a retired labor and delivery nurse.

Why did you decide to switch to solar energy?

The cost of electricity from SCE&G is high and climbing, which made going solar an easy decision. In the long run, this solar power system will save me thousands of dollars. The environmental impact of burning fossil fuels was also part of our decision. A clean environment is important to us.

How much did you know about solar energy?

As a science teacher, I knew the basics of how solar energy and solar panels work. I did my research on costs and benefits, so I felt comfortable making the decision.

What kind of system did Southern Current install for your home?

I have a rooftop system consisting of 23 LG 285 watt panels along with 23 Enphase microinverters.

View of the solar powered home in Charleston, SC.

 

Detail of rooftop solar panel installation.

What made you choose Southern Current for your solar installation?

I chose Southern Current after speaking with two other companies. The Southern Current representative was an engineer who could best answer my questions and concerns. The installation was designed while we spoke and I was given a firm price for the system. I was able to make changes to the design to get the system I wanted. Plus Southern Current has an office near my home. They can control the quality of the installation because they use their own employees and not sub-contractors.

What was the process of going solar like?

The entire process was made simple by Southern Current. They applied for all the required permits and filed the necessary paper work with the HOA. The installation went on as planned. The city and electric company inspections were done quickly and the system was turned on about 2 weeks after installation.

What benefits have you seen since the installation?

Overall my power bill for the first year was $200. I expect it to be close to zero the second year as the system is building up credits leading into the hot summer months. My system was turned on at the end of April last year so it didn’t have time to build up enough credits to take it through the summer. This the second year, I should have enough credits to get through the summer with little or no cost.

What would you say to someone who is interested in going solar?

Definitely look into it while government rebates & incentives are available. Every situation is different, but one thing is for sure: Electric rates will go up. The payback period is about 7 years and will be less as electric rates rise. Solar panels are one investment that will pay back dividends for years to come. When you call solar companies for information, I would definitely include Southern Current in the comparisons.

Want to learn more about solar power in South Carolina?

Southern Current is proud to be one of the leading solar companies in South Carolina, with services available throughout the Southeast. Contact us TODAY to schedule a FREE consultation, and find out how much you could be saving with solar!