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MegadealsSubsidy Tracker Individual Entry
Company: Stion Solar
Parent Company:
Stion
Subsidy Source: state
Location: Mississippi
City: Hattiesburg
County: Forrest
Project Description: solar panel production facility
Year: 2011
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: solar energy materials
Subsidy Value: $75,000,000
Program Name: Mississippi Industry Incentive Financing Revolving Fund
Awarding Agency: Mississippi Development Authority
Type of Subsidy:
MEGADEAL (Archived)
Number of Jobs or Training Slots: 1,000
Capital Investment: $500,000,000
Source of Data: The value of the main subsidy and the jobs and investment projections came from: Elizabeth Crisp, "New jobs headed to Hattiesburg," Jackson Clarion-Ledger, January 5, 2011. Also see the 2012 Mississippi Incentives Report obtained by the Bigger Pie Forum and posted at
(click here).
Notes: The state provided a $75 million low-cost loan from the Mississippi Industry Incentive Financing Revolving Fund. The city and county provided a fee-in-lieu-of-ad-valorem-taxes agreement, the value of which was not reported (Terry L. Jones, "Solar panel company gets local tax incentives," Hattiesburg American, January 6, 2011). Overlaps with main Subsidy Tracker data: a $75 million Industry Incentive Financing Revolving Fund entry. There are also two Workforce Education training program entries totaling $66,168 for 2011 and an Advantage Jobs entry for 2012 with no amount available.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.