NARENCO establishing solar power operations in Marion County

Company Investing $8.75 Million in New Facility

National Renewable Energy Corporation (NARENCO), a leading renewable energy independent power producer, announced the development of Cardinal Solar LLC, a new solar power operation in Marion County. The project is expected to bring $8.75 million in new capital investment.

Established in 2009, NARENCO has matured into one of the largest solar developers in North America. The company is focused on the development, engineering, procurement, construction and operation of utility scale and commercial solar installations.

Located at 261 Curtis Floyd Road in Marion, S.C., Cardinal Solar LLC will produce renewable solar energy from photovoltaic panels currently sized at seven megawatts of alternating current (AC). One megawatt AC of solar energy is enough to provide clean energy to approximately 200 South Carolina homes.

Operations are expected to be online in the fourth quarter of 2020. For more information on NARENCO, visit www.narenco.com.

FIVE FAST FACTS

• National Renewable Energy Corporation (NARENCO) is developing Cardinal Solar LLCin Marion County, a new solar power operation.
• The company is investing $8.75 million in the project.
• The Marion County operations will be located at 261 Curtis Floyd Road.
• The facility will produce renewable solar energy from photovoltaic panels currently sized at seven megawatts of alternating current (AC).
• The project is expected to be operational in the fourth quarter of 2020.