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Dominion Acquires 60MW Solar Farm And Announces Multiple Solar Electric PPAs

As part of its long-term plan to bring online at least 500MW of solar electric generating capacity in North Carolina (N.C.) and Virginia, Dominion has announced it has acquired the development rights for the 60MW (AC) Summit Farms Solar facility in Currituck County, N.C. The solar facility is expected to enter service in December 2016.

A subsidiary of Dominion Energy, Inc., a wholly owned subsidiary of Dominion, purchased Summit Farms from SunEnergy1, which developed and is the construction contractor on the project. Summit Farms, located on about 650 acres near Moyock, N.C., has 25-year power purchase agreements with the Massachusetts Institute of Technology, Boston Medical Center and Post Office Square Redevelopment Corporation.

“We are pleased to partner with these three outstanding organisations to add more carbon-free generation to the electric grid,” said Paul D. Koonce, chief executive officer of the Dominion Generation Group, which oversees 25,700 megawatts of electric generating capacity in 11 states, including solar in operation or under development in eight states. “We will continue to seek similar opportunities helping large and small energy consumers alike reduce their carbon footprint.”

Dominion has electric generation facilities powered by the sun in California, Connecticut, Georgia,Indiana, North Carolina, Tennessee, Utah and VirginiaCustomerFirst Renewables, an advisory services firm, structured and negotiated the energy solution on behalf of MIT, Boston Medical Center and Post Office Square Redevelopment Corporation.

The Post Office Square Redevelopment Corporation is the developer and manager of The Garage At Post Office Square and the Norman B. Leventhal Park above it, in the heart of Boston’s financial district. The unique vision of a group of public and private civic leaders transformed an unsightly above-ground parking garage into an award-winning and inviting park, supported structurally and financially by a 1,400-space underground parking garage.

Dominion is one of the largest producers and transporters of energy in the USA, with a portfolio of approximately 25,700 megawatts of generation, 14,400 miles of natural gas transmission, gathering and storage pipeline, and 6,500 miles of electric transmission lines. It operates one of the nation’s largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves more than 6 million utility and retail energy customers.

SunEnergy1, LLC is a full-service solar developer and engineering, procurement and construction (EPC) firm located in Mooresville, N.C.  SunEnergy1 specialises in the design and installation of utility-scale ground-mount solar photovoltaic systems. It has developed and installed more than 350 megawatts of solar facilities to date.

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