November 3, 2020 Read More →

Dominion Energy moving forward with 498MW of new solar projects in Virginia

S&P Global Market Intelligence ($):

Dominion Energy Virginia announced Nov. 2 that it is planning to build nine solar farms in Virginia totaling 498 MW as a part of an effort to comply with the state’s new law that mandates 100% of electricity sales be sourced from clean energy by 2045.

The projects are subject to approval by the State Corporation Commission. Dominion selected six of the projects, totaling 416 MW, through a competitive solicitation process, the utility said. The company issued a request for proposals in October, soliciting bids for small-scale solar projects up to 3 MW in size. The Dominion Energy Inc. utility is also working on soliciting large-scale solar, onshore wind and energy storage projects.

Dominion will own three of the projects. It acquired the 20-MW Grassfield Sun Farm from Solar Access USA and Blue Green Energy LLC, the 20-MW Norge Solar Farm (Farmville Lane Solar) from Clearway Energy Group LLC, and the 42-MW Sycamore Solar project from a joint partnership of Open Road Renewables LLC and MAP Energy LLC.

The newly acquired projects are currently under development.

The solar projects could add under 20 cents to residents’ bills, which “will be offset in part by fuel savings,” Dominion said. The utility in its 2020 integrated resource plan said the typical residential bill will increase by about 3% on a compound annual basis over the next decade as it builds out more renewable resources.

Dominion Energy Virginia, which operates as Virginia Electric and Power Co., on Oct. 9 issued a request for proposals seeking small-scale solar projects up to 3 MW in size. Another request for proposals seeking up to 1,000 MW of solar and onshore wind generation, as well as 250 MW of storage, is underway.

[Justin Horwath and Usman Khalid]

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