Jul 23, 2013 - US energy provider Dominion Resources Inc (NYSE:D) said on Monday it had bought three solar projects of 28.6 MW in total in Indiana from Sunrise Energy Ventures for an undisclosed amount.
The Indy Solar I, Indy Solar II and Indy Solar III photovoltaic (PV) parks will be built on agricultural and forest land areas near Indianapolis. UK-based engineering firm Amec (LON:AMEC) will be in charge of construction of the installations, scheduled to become operational by the end of this year. When up and running, the solar plants will operate under 15-year power purchase agreements (PPAs) with Indianapolis Power and Light Co.
The acquisition is in line with Dominion's strategy to diversify its generation mix through adding conventional, nuclear and renewable power plants to its portfolio, the CEO of Dominion Generation David Christian said.
Amec is currently building a 7.7-MW solar system for Dominion near Augusta, Georgia.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.