The first privately financed solar project on the East Coast will be completed next week at the Weymosey Landing development near Weymouse Beach in Weymount.

The project, which is a collaboration between EMC Corp. and solar developer Eddy Land, will be the first solar farm on a land in the U.S. to be financed through private investment.

The site will be used to install the 1,000-megawatt (MW) solar farm.

The project was completed on a $1.4 million budget and includes an environmental permit.

Eddy Land plans to use the site to install a total of 1,500 MW of solar energy by the end of the decade.

The first site was completed in 2013 and is now a solar farm in operation.