Clean Energy

Recently, the clean energy sector has become one of Mississippi’s fastest growing industry areas. Since 2010, a number of renewable energy or energy efficiency companies, including Twin Creeks Technologies, Soladigm, KiOR and Stion, have announced new facilities in the state that represent sizeable private investments and are creating thousands of jobs for Mississippi residents. Both Twin Creeks and Stion took advantage of the Mississippi Clean Energy Initiative incentive program, which gives tax exemptions to clean energy companies.

All of these companies looked to Mississippi locations for their first commercial-scale manufacturing operations. Today, Twin Creeks and Stion are producing solar panels in the state, Soladigm is preparing to produce its energy-efficient dynamic glass in north Mississippi, and KiOR is constructing its first biofuel production facility, which will create renewable fuel blendstocks from biomass in Columbus. The company plans to build four other production facilities in other areas of the state. 

Mississippi is also home to a number of tertiary oil and gas recovery operations – along with Gulf LNG's new $1.2 billion liquefied natural gas terminal and storage facility, an extensive natural gas pipeline network and Chevron's largest U.S. refinery, which is expanding to produce premium base oil. In addition, Mississippi Power Company is constructing a new $2,4 billion, 582-megawatt clean coal technology plant in the state, which will use the company's one-of-a-kind technology to produce electricity with fewer emissions than traditional pulverized coal power plants. 

Learn more about the Mississippi Clean Energy Initiative and other tax exemptions available to energy companies here.