Twin Creeks Technologies, a venture-backed solar technology company, is locating a solar panel manufacturing facility in Senatobia, Mississippi. The 250,000-square-feet facility will create 512 solar jobs, in two phases, over the next five years and represents a company investment of more than $175 million.
The facility will have a capacity of 100 megawatts (MW) upon completion of the second phase.
Twin Creeks was founded in 2008. Headquartered in San Jose, Calif., the company has engineering and manufacturing locations in Boston and San Jose and a portfolio of over 50 patents.
“This facility will be the first renewable solar technology production plant in the state,” Mississippi Governor Haley Barbour said.
The State of Mississippi provided loan assistance totaling $50 million through the Mississippi Major Economic Impact Authority for this project. In addition, the State and the City of Senatobia will provide $4 million for infrastructure improvements at the site.
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