We are excited to share the latest updates on our Lambert energy infrastructure project, which is making remarkable strides in its construction and already bringing tangible benefits to the Georgetown County community.
Construction Jobs Created
200+
Capital Investment
$200,000,000+
Through 2025
New Tax Revenues
$20,000,000+
over 40 years
Construction Jobs Created
200+
Capital Investment
$200,000,000+
Through 2025
New Tax Revenues
$20,000,000+
over 40 years
Construction Milestones
The concrete pouring for all on site substation foundations is approximately 80% complete with equipment installation underway. We are ahead of schedule, in the process of driving piles, on which the tracking systems and panels will be mounted. As part of our 6.2 gigawatt (GW) Master Supply Agreement (MSA) with American solar module manufacturer, First Solar, our solar panels have arrived and are being stored until they are ready to be installed.
Mid-November 2024, we will begin installing our tracking system on which the modules will be mounted. These trackers, too, are American-made as part of our 4.5 GW MSA with our partners at US-based Nextracker.
We are also currently performing site prep, installing underground cabling, and working on road improvements on site as well as working with the county to improve Wild Horse Road. Soon, we will begin seeding to establish healthy vegetation. As we make this progress on site, we will soon begin ramping up local employment.
Community Engagement and Job Creation
October 2024, we held a local job fair with our contractor LPL, an industry leading contractor with extensive experience building in coastal areas, at SC Works Georgetown. In November 2024, we participated in another job fair specifically geared toward former International Paper employees. Today, contractors spend an estimated $20,000-$25,000 per month in local lodging, restaurants, and other retailers, with these numbers expected to rise significantly as construction ramps up until the end of 2025.
In previous projects with LPL in another state, its local hiring initiatives have been highly successful in sourcing talent from the surrounding area.
Economic and Social Impact
In addition to good paying jobs, this energy infrastructure project represents a $200 million investment into Georgetown County to build grid resiliency and provide low-cost renewable power to the South Carolina co-ops and their members. As a landowner, Silicon Ranch will pay more than $20 million over time in local taxes that can be used for local priorities.
We are currently in the process of permitting our final phase of this project, which would represent another $60 million investment in the community, increase the tax revenue from our presence in the county by millions more, and provide more than 200 more craft labor jobs. This phase is scheduled so that if it receives its permits in 2024, construction will move seamlessly from the current phase to this final phase, minimizing any disturbance through the construction process while extending the economic impact of this phase of the project lifecycle.
Beyond the Megawatts
Beyond the megawatts, Silicon Ranch is committed to making a positive impact on this special community. We donated tables and chairs to the Lamberttown Community Center, which were used in the local Fall Festival and can be used for years to come. In 2022, we donated $10,000 to the local United Way and The Black River United Way in response to Hurricane Ian. As a landowner and member of Georgetown County, we share a concern for the community just as our neighbors do.
As the landowner and as the long-term owner and operator of the project, we look forward to being a part of this community for decades to come. We are committed to helping Georgetown County become stronger, healthier, and more resilient.
Stay tuned for more updates as we continue to make progress at Lambert Solar!
Frequently Asked Questions About Silicon Ranch Solar Projects
