2017-08-09 | Editor : rheatsao 819 pageviews

Dominion Energy Acquires, Plans to Acquire Four North Carolina Solar Energy Projects

Dominion Energy announced that it has acquired two 5-megawatt (AC) solar generating facilities and plans to purchase two other solar farms totaling approximately 10 megawatts (AC) later in the third quarter from subsidiaries of Chapel Hill, N.C.-based Strata Solar. 

Dominion Energy's solar portfolio in North Carolina and Virginia includes more than 600 megawatts of capacity owned by one of the company's generation-holding subsidiaries and more than 500 megawatts of solar capacity under contract by Dominion Energy's electric utilities in the two states. Together, these arrays could produce enough electricity to power 275,000 homes and businesses.

"With these acquisitions, Dominion Energy is well on its way to bringing into service more than 700 megawatts of solar energy in North Carolina and Virginia by the end of 2018," said Keith Windle, vice president – Business Development & Merchant Operations. "We will continue to develop and acquire clean energy projects that help customers meet their energy needs."

Dominion Energy has closed on the two 5-megawatt facilities in North Carolina – Fremont in Wayne County and Moorings 2 in Lenoir County. The company expects to purchase the Clipperton and Pikeville projects – each about 5 megawatts (AC) and under construction in Sampson County and Wayne County, respectively – when they are completed, anticipated later in the third quarter.

Agreements are in place for sale of the offtake from the solar facilities.

Dominion Energy has more than 2,000 megawatts of solar generating capacity – including company-owned assets and assets that are contracted by Dominion Energy utilities – in operation or under development in nine states.

(Photo Source: Dominion Energy)

Related Entries
SOLAR MARKET STATUS

TrendForce Expects Polysilicon Prices to Remain High in Third Quarter Even Though Supply Might Start to Improve in Mid-September

The latest PV market analysis from EnergyTrend, a division of TrendForce, finds that the average global spot price of polysilicon has.. more

RESEARCH

China’s Cumulative PV Installations Could Reach 250GW by 2020

China has targeted installing 86.5GW PV capacity during 2017-2020 under the 13th Five-Year National Development Plan, including 54.. more

  Heraeus

Solar Report   Battery / EV Reoprt

announcements