HATTIESBURG — A proposed solar farm has taken the next step in coming to Hattiesburg.
During Monday’s meeting of the Forrest County Board of Supervisors, board members met with officials from the Area Development Partnership and Strata Solar, LLC, of Chapel Hill, North Carolina, and accepted the tax abatement agreement for Strata’s upcoming solar farm.
The Hattiesburg American reports the agreement will grant a 10-year statutory tax exemption for the project.
Work on the 50-megawatt solar energy farm, which will sell the electricity produced to Mississippi Power Co., is expected to start in February, and the facility should be in operation before the end of 2016.
The 460-acre project represents a $90 million investment and is expected to create approximately 400 construction jobs in Greater Hattiesburg in 2016.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info