- Press Releases
November 23 (Renewables Now) - Two subsidiaries of US energy group FirstEnergy Corp (NYSE:FE) are seeking approval to install five solar photovoltaic (PV) parks in West Virginia for a combined capacity of 50 MW.
Mon Power and Potomac Edison have lodged an application with the state’s Public Service Commission (PSC) to build, own and operate the solar farms and then sell the electricity to clients across their West Virginia service territory. Under a specific programme, customers will get the equivalent of one solar renewable energy credit (SREC) for each megawatt hour of purchased power.
Four of the proposed solar plants will be built on property owned by Mon Power or its affiliates, while the exact location for the fifth one has still not been determined. If clearance is secured, the FirstEnergy units intend to launch construction of the first batch of projects in 2022.
All five solar farms are planned to go online by the end of 2025.
The projects will be implemented in line with a 2020 state law that requires electric utilities to own and operate up to 200 MW of renewable power capacity.