Retail Supplier Announces Goal To Invest $50 Million In Solar Projects By 2023

March 30, 2021

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Reporting by Paul Ring • ring@energychoicematters.com

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Gas South announced an investment goal of $50 million in solar energy by the end of 2023

Gas South has invested $17 million in solar energy projects thus far

Gas South's push into solar energy began in 2020 with the development of a utility-level solar farm in partnership with parent company Cobb EMC. The 6,000-square-foot solar project showcases rooftop solar panels producing 1.85 MW of solar energy and battery storage producing 1 MW/4 MWh of solar energy. It also features a solar garden with three 18-foot-tall Smartflowers, producing 13,400 kWh of solar energy. "This initiative enables Gas South and Cobb EMC to supply renewable energy to the power grid and study ways to support large customers with solar power," Gas South said

Gas South has also invested in additional community solar projects through its relationship with Sol Systems. Through this partnership, Gas South has invested $12 million in eight residential community solar projects

"Investing in solar projects provides Gas South with an opportunity to gain experience with alternative energy while also generating an additional financial return for our parent company, Cobb EMC, and its member-owners," said Jamie Tiernan, Gas South's Chief Financial Officer. "We hope to have an opportunity to invest in additional solar projects, especially within our core geographic footprint of the Southeastern U.S."

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