Dominion adding 20 MW of solar to N Carolina portfolio
Whitehouse Solar, Louisa County, Virginia. Source: Dominion Virginia Power
Dominion Energy (NYSE:D) announced on Thursday it has acquired 10 MW of solar power generating capacity in North Carolina and intends to add a further 10 MW to its portfolio later this quarter.
Specifically, the energy company has bought two 5-MW solar parks -- Fremont in Wayne County and Moorings 2 in Lenoir County -- and plans to acquire two more -- Clipperton in Sampson County and Pikeville in Wayne County -- from subsidiaries of local firm Strata Solar. All of these facilities have power purchase agreements (PPAs) in place.
"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.
The company currently has more than 2,000 MW of solar generating capacity in operation or under development in nine states. This includes company-owned assets and plants contracted by Dominion Energy utilities.