October 29 (Renewables Now) - US utility Dominion Energy Inc (NYSE:D) has acquired from First Solar Inc (NASDAQ:FSLR) a 72-MW solar park being built in South Carolina.
Located in the state’s Beaufort County, the Seabrook Solar park is expected to be put on stream later this year, Dominion Energy said on Friday. The utility will add the asset to the portfolio of its contracted generation business, which also includes two photovoltaic (PV) farms in South Carolina. The value of the purchase was not disclosed.
Once up and running, the power plant will generate electricity and renewable energy attributes under a Dominion Energy South Carolina contract that was previously approved by South Carolina regulators.
Dominion Energy South Carolina currently has 500 MW of operational utility-scale solar plants. The company, which supplies electricity to 739,000 customers, also has contracts for over 1,000 MW of additional solar.