February 26, 2021 Read More →

First wind project in Mississippi gets state go-ahead

Mississippi Today:

Two major renewable energy projects are planned for Mississippi, including the state’s first wind-power farm.

Lawmakers said Wednesday that a $250-million wind farm is planned for Tunica County and a $140-million to $160-million solar farm for Chickasaw County. The state Senate approved allowing the local counties to provide tax breaks for the projects.

The Tunica project, Tunica Wind Power LLC, would be the state’s first wind farm, state Public Service Commissioner Brandon Presley said. The Chickasaw solar farm would be that area’s third one, and several others are operating across the state.

“(The wind farm) will have 100 wind turbines on 13,000 acres in Tunica, be a 200-megawatt facility, able to power at max capacity 7,000 homes,” Presley said.

The state Senate approved SB 2895, which would allow the two counties’ boards of supervisors to reduce the ad valorem tax assessment on property for the projects from 15% to 8%. Senate Finance Chairman Josh Harkins said this would allow the counties to be “competitive” with areas in other states and help finalize the projects.

Sen. Benjamin Suber, R-Bruce, who represents the area for the Chickasaw project, said that the 1,100-acre property now only generates about $5,000 a year in ad valorem taxes for the county. Even with the approved tax value reduction, he said it is expected to generate more than $800,000 a year for the county. He noted no state or other taxes would be affected by the bill the Senate passed.

[Geoff Pender]

More: Mississippi’s first wind farm planned for Tunica

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