Narenco Establishing Solar Power Operations In Chester County

Chester, S.C. – National Renewable Energy Corporation (NARENCO), a leading renewable energy independent power producer, today announced the development of Sparrow Solar LLC, a new solar power operation in Chester County. The project is expected to bring $2.8 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 2676 Catawba River Rd., Fort Lawn, SC, Sparrow Solar LLC will produce renewable solar energy from photovoltaic panels currently sized at 2MW 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 2021. For more information on NARENCO, visit www.narenco.com.

“It has been an honor to partner with Chester County on this project. We are thrilled to invest in the local community and to provide clean power to our neighbors. We look forward to seeing this project come to fruition.” – Lisa Federico, Senior Manager of Development at NARENCO

“We welcome NARENCO. We appreciate their decision to establish a solar farm here and become a valuable member of our vibrant business community. They bring a reputation for excellence, and we are excited not only in the economic opportunities but the environmental opportunities this project will generate.” – Chester County Supervisor, Shane Stuart

“The Chester Development Association welcomes NARENCO as our newest corporate citizen to Chester County. NARENCO’s investment signifies the growing opportunities for developing a viable and sustainable energy system while protecting natural resources and benefiting our local businesses and community. The establishment of such partnerships creates a positive impact for our community by bringing economic and environmental benefits to our county.” – Chester Development Association Chairman Tony Pope

“The South Carolina I-77 Alliance welcomes NARENCO to the region and congratulates Chester County on this important announcement. We are excited to see NARENCO join the growing renewable energy industry in our region and South Carolina.” – I-77 Alliance President and CEO Rich Fletcher

FAST FACTS

• National Renewable Energy Corporation (NARENCO) is developing Sparrow Solar LLC in Chester County, a new solar power operation.
• The company is investing $2.8 million in the project.
• The Chester County operations will be located at 2676 Catawba River Rd.
• The project is expected to be operational in 2021.

About Chester County Economic Development (CCED):

As Chester County’s economic development agency, the CCED mission statement is “to create

an environment that supports existing industry expansion, encourages new industry investments, fosters entrepreneurialism, and welcomes visitation by others—all of which support the provision of public services and otherwise improves each citizen’s prosperity and overall quality of life.”

Since 2004 the CCED has worked with an impressive team composed of Chester County Council, Chester Development Association, Chester County School District, York Technical College, local partners, utilities, State and Regional Allies. As a result, Chester County has announced 51 projects, $1.4 billion in Capital Investment and the creation of 4,511 new jobs! We are hopeful that our efforts will continue to promote the expansion of our existing industrial partners and encourage new industrial investment in Chester County!

To find out more about the CCED contact:

Jeff A. Burgess| Interim Director

3200 Commerce Drive, Suite B Richburg, SC 29729

M |803-377-1216

D |803-789-1107

C |803-209-9133

F |855-946-0430

www.ChooseChester.com