Solar Farm Will Energize Small Business
Aug 20 - Commercial Appeal, The
A plan to generate solar power in West Tennessee should produce
significant benefits for area small businesses, state Sen. Lowe Finney
said during a Wednesday visit to Memphis.
Finney, D-Jackson, was keynote speaker at a meeting of the Memphis Area
Action Council, the local arm of the National Federation of Independent
Business (NFIB). He praised the Volunteer State Solar Initiative as a
future source of sustainable revenue for West Tennessee.
The project is fueled by $30 million in federal funds to construct a
solar farm off Interstate 40 in southern Haywood County, about 40 miles
northeast of Memphis.
Although the money hasn't yet been awarded - the state applied in May
for $62.5 million in federal funds - Finney expressed confidence that
approval is forthcoming. About half the money will go toward the Haywood
site, and the rest is designated for a solar-power institute in East
Tennessee.
Finney said the facility will be on 30 acres of an industrial "megasite"
that state officials want to see developed by a new manufacturing plant.
The megasite will cover more than 1,100 acres, and the state's purchase
of the land should be completed by Oct. 1.
After the deal is finalized, the solar farm should be operational within
a year.
"The ripple effect on outlying areas will be substantial in the creation
of jobs and the need for services," said Finney, who estimated that
construction of the solar farm alone will require 200 to 300 workers.
"This is going to change the landscape of West Tennessee, and there's
not a county in the surrounding area that won't be positively affected."
The 22,000-panel solar farm is expected to produce energy that will be
available for purchase by TVA, Finney said. The annual output should be
enough to power about 800 homes.
Austin Baker, a member of the national federation, applauded the green
initiative and the potential for a more skilled and educated workforce
in this region.
"I'm excited about the green sector and bringing new technologies to
West Tennessee," said Baker, president of EServ . "I think workforce
readiness will be a key component and may help redirect jobs back to
America from overseas."
Local business owner Chris Bird said the project's benefits should be
apparent almost immediately and resonate for years.
"If this is successful, and I hope it is, the potential positive
financial impact is almost limitless," said Bird, president of Dillard
Door & Entrance Control . "Attracting big industry will result in an
increase in the need for the services of any number of small
businesses."
The next meeting of the local NFIB chapter will be 11:30 a.m. to 1 p.m.
Sept. 16 at Regions Bank, 6200 Poplar. The program, which is free and
open to local business professionals, includes lunch.
For more information, e-mail Valerie.Nagoshiner@NFIB.org or call (615)
872-5331.
- James Dowd: 529-2737
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National Federation of Independent Business
What: Nonprofit, nonpartisan agency founded in 1943
Where: Offices in Washington and every state capital
Who: More than 1,000 NFIB members in Shelby County
Phone: (615) 872-5855
Online: nfib.com/tn
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Originally published by James Dowd dowd@commercialappeal.com .
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