Novogradac Journal of Tax Credits | October 2016
Located just 2 miles outside the rural community of Houston, Miss., the state’s largest completed commercial solar facility has local roots. Developer Silicon Ranch completed the 3.9-megawatt (MW) facility in June and everything from the modules to the new markets tax credits (NMTCs) and renewable energy investment tax credits (ITCs) that financed the project were sourced from the Magnolia State.
“We see Mississippi as a solar market with a lot of potential, and part of that goes back to state and local support,” said Matt Beasley, Silicon Ranch’s senior vice president of business development. “We’re committed to Mississippi businesses.