Virginia regulators on Friday approved more than a dozen new solar projects from Dominion Energy in a move that will expand the company’s clean energy fleet in the US state.
The projects approved by the Virginia State Corporation Commission (SCC) will have a combined capacity of 764MW, enough to power almost 250,000 homes, Dominion Energy said in a press statement released on Monday.
Four solar projects with a combined capacity of 329MW will be owned or acquired by the company’s subsidiary Dominion Energy Virginia. Another 13 totalling 435MW will be independently owned and financed through power purchase agreements.
“These projects deliver on our promise of reliable, affordable and increasingly cleaner energy for our customers,” said Ed Baine, president of Dominion Energy Virginia. “Through our investments in offshore wind, battery storage and solar, Virginia continues to advance its clean energy transition.”
Approval from the SCC will significantly expand Dominion Energy’s solar portfolio in the state, which is currently the second largest in the US. Once the newly approved projects are completed, the company will have more than 4.6GW of solar power in Virginia, enough to power more than 1.1 million homes at peak production.
Dominion Energy also expects construction of the projects to create more than 1,600 jobs and generate more than $570m in economic benefits for the state. An expected completion date for all the projects has been set for 2026.
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By GlobalDataIn February, the company agreed to sell a 50% stake in its major 2.6GW Coastal Virginia Offshore Wind project to investment firm Stonepeak, although plans will see Dominion Energy keep full control of the project. One month prior, construction began on the wind project after final federal approvals were granted. The wind farm is one of the largest in the US and will be powered by 176 turbines.