Dominion adds new solar projects to meet Facebooks clean energy goals

By Akshay Kedari  | Date: 2019-04-24

Dominion adds new solar projects to meet Facebooks clean energy goals

Its solar projects announced recently would sell power to Facebook under an agreement between the two companies which was inked in 2017

Dominion Energy has recently reported that it is in the process of acquiring and building five solar projects with a total capacity of 330 MW of solar energy in North Carolina and Virginia, to support the operations of Facebook.

Two of them are already completed, and the state of Virginia is now anticipating significantly more capacity increase with various mega-projects in the works.

Seemingly, in addition to these five solar energy projects, the company is committing its newly completed Montross Solar plant of 20 MWac in Virginia’s Westmoreland County to supply to Facebook as well. This solar farm features the multicrystalline modules which are mounted on single-axis trackers.

Sources with knowledge on the matter informed that these five solar energy projects are in addition to the Spring Grove 1 plants of 98 MWac and the Colonial Trail West project of 142 MWac capacity, which Dominion is developing for supplying renewable energy credits to Facebook.

Although Facebook is getting the renewable energy credits, Dominion is selling the power from these two sites to its customers, who would be charged over 35 years through rate adjustment clause.

These six solar projects announced recently, would sell power to Facebook under an agreement between the two companies which was inked in 2017 and does not involve any influence over rates for Dominion consumers, sources added.

According to the sources, Dominion has acquired five of the six projects from BayWa, EDF Renewables, and Strata Solar. The company anticipates Gutenberg, Chestnut, and Grasshopper projects to come online in the middle of 2020.

In the first half of 2018, Facebook, the social media giant secured 1.1 GW of renewable energy and is encouraging solar projects to come up in Georgia, Oregon, Alabama, Utah, New Mexico, Tennessee and potentially in other states as well, sources further commented.

Source Credit: https://pv-magazine-usa.com/2019/04/22/facebook-brings-more-solar-to-virginia-north-carolina/

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

McDonald’s to leave Russia after 30 years amidst Ukraine’s invasion

McDonald’s to leave Russia after 30 years amidst Ukraine’s invasion

By Akshay Kedari

After Ukraine’s invasion, multinational fast-food giant McDonald's Corp. is reportedly planning to sell all its restaurants in Russia, pulling operations from the nation after 30 years. The world's biggest fast-food chain closed 847 ...

Berlin’s GetHenry bags USD 17.4 Mn seed funding for business expansion

Berlin’s GetHenry bags USD 17.4 Mn seed funding for business expansion

By Akshay Kedari

GetHenry, a Berlin-based company that offers couriers and logistics organizations electric last-mile delivery bikes, has reportedly raised USD 17.4 million seed round to grow its operations across Europe. The latest investment round was led by LocalG...

Ferrari to equip the upcoming Purosangue with its trademark V12 engine

Ferrari to equip the upcoming Purosangue with its trademark V12 engine

By Akshay Kedari

Italian luxury sports car manufacturer Ferrari S.p.A. will equip its much-awaited Purosangue SUV with a 12-cylinder engine, as it focused more on fuel-efficient models. Confirming the news, Ferrari Chief Executive Benedetto Vigna claimed that the com...

White House to spend USD 3 billion on EV battery manufacturing in U.S.

White House to spend USD 3 billion on EV battery manufacturing in U.S.

By Akshay Kedari

According to reliable sources, the Biden administration is planning to provide USD 3 billion in finance to reinforce EV battery manufacturing capabilities in the United States. The apparent funds will be issued by the Department of Energy from Presid...

Telefonica eyeing Israel’s high-tech sector to improve its portfolio

Telefonica eyeing Israel’s high-tech sector to improve its portfolio

By Akshay Kedari

Telefonica S.A. is planning to increase its investments in Israel’s high-tech sector this year, a senior official reported recently. The company, which is Europe’s third-largest telecommunications company, is also eyeing the country&rsquo...