Intelligence
Dominion Signs for PV Project Acquisition and Power Sale Agreements
2016-10-20 15:09

As part of its long-term plan to bring online at least 500MW of solar electric generating capacity in North Carolina and Virginia, Dominion announced it has acquired the development rights for the 60MWac Summit Farms Solar facility in Currituck County, N.C. The solar facility is expected to enter service in December 2016.

A subsidiary of Dominion Energy, Inc., a wholly owned subsidiary of Dominion, purchased Summit Farms from SunEnergy1, which developed and is the construction contractor on the project. Summit Farms, located on about 650 acres near Moyock, N.C., has 25-year power purchase agreements with the Massachusetts Institute of Technology, Boston Medical Center and Post Office Square Redevelopment Corporation.

"We are pleased to partner with these three outstanding organizations to add more carbon-free generation to the electric grid," said Paul D. Koonce, chief executive officer of the Dominion Generation Group, which oversees 25,700 megawatts of electric generating capacity in 11 states, including solar in operation or under development in eight states. "We will continue to seek similar opportunities helping large and small energy consumers alike reduce their carbon footprint."

Other large-scale solar projects Dominion has announced in North Carolina and Virginia include:

Dominion has electric generation facilities powered by the sun in California, Connecticut, Georgia, Indiana, North Carolina, Tennessee, Utah and Virginia.

CustomerFirst Renewables, an advisory services firm, structured and negotiated the energy solution on behalf of MIT, Boston Medical Center and Post Office Square Redevelopment Corporation.

 
Tags:solar project
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