"Economically hard-hit Allendale County will get a $50 million investment in the form of a biomass plant to be built by Southeast Renewable Energy. The plant is expected to generate 20 new jobs over the next five years.
Southeast Renewable Energy will build a 15-megawatt plant that will be fueled using timber residues. The investment was announced Monday by the S.C. Commerce Department, Allendale County and the SouthernCarolina Alliance.
Company president and CEO Raine Cotton said that Southeast Renewable Energy is “working diligently to get the last few steps of the project worked out, including permitting, that will allow the project to begin construction in early 2011.”
The plant is expected to be completed in late 2012, and the company will sell the green power to Santee Cooper. It is expected that the new plant will also create indirect jobs in the logging, trucking and forest product industries."