Dominion Energy buys Virginia solar power facility, plans to purchase another
Dominion Energy's solar portfolio would include 25 facilities in 23 Virginia localities with about 409 MW of solar generating capacity
With these additions, Dominion Energy's solar portfolio would include 25 facilities in 23 Virginia localities with about 409 MW of solar generating capacity, which can produce enough power to serve more than 100,000 typical homes and business around the state. Dominion Energy could also add at least 5,200 MW of solar in Virginia over the next 25 years to meet its customers' energy needs.
"Dominion Energy is pleased to aid in the expansion of solar power in the Commonwealth of Virginia," said Thomas F. Farrell, II, chairman, president and chief executive officer of Dominion Energy. "We see great promise in clean solar energy and believe it will be an ever-increasing portion of our company's fuel mix over the decades to come."
Clarke County Solar, located on a 117-acre parcel of land in White Post, Va., has entered service, and was acquired by a unit of Dominion Generation, Inc., a unit of Dominion Energy. That unit also has agreed to purchase upon completion the Cherrydale facility on 180 acres in Kendall Grove, Va., in Northampton County on Virginia's Eastern Shore.
That transaction is expected to close in the third quarter of 2017. Nearly 300 jobs have been created during peak construction of the Clarke County and Cherrydale projects. DEPCOM Power, Inc., has served as the engineering, procurement and construction contractor.
Long-term power purchase agreements for both projects are in place with Old Dominion Electric Cooperative (ODEC) for the offtake from these facilities.
ODEC and Dominion Energy unit Dominion Energy Virginia are partners in two other generating facilities in Virginia – North Anna Power Station and Clover Power Station.
Dominion Energy has more than 2,000 MW of solar generating capacity – including company-owned assets and assets that are contracted by Dominion Energy units serving Dominion Energy customers – in operation or under development in nine states.