Company announces construction of solar panel farm in Chickasaw County - WTVA
Company announces construction of solar panel farm in Chickasaw County | Local | wtva.com
More than $200 million is being invested into a solar panel farm in Chickasaw County.
OKOLONA, Miss. (WTVA) — More than $200 million is being invested into a solar panel farm in Chickasaw County.
NextEra Energy, a Florida-based company, chose a site along County Road 245.
The construction phase of the project will create 200 jobs.
"[It’s] a great benefit, a great asset with us losing United Furniture,” District 3 Supervisor Russell Brooks said at Wednesday’s announcement. “This will give people who need a job the opportunity to get a job, and we just want to encourage our citizens to be ready to apply for the jobs when they are available.”
No taxpayer money will be involved in the new project. It will also be a $52 million tax credit towards Chickasaw County.
Construction is expected to begin in 2025. The completion date is to be determined.
Related Knowledge Center: ENERGY BASICS: solar
Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.