Dominion to Invest US$700 Million to Set Up Virginian Solar Farms

Electricity producer Dominion Virginia Power is planning to invest US$700 million to develop a portfolio of large-scale solar projects totalling 400 megawatts of electricity in the state of Virginia.

The project details were not disclosed, but the company said they will be built in Virginia with the involvement of Virginia-based companies and are expected to be operational by 2020. Together, these solar facilities will generate enough electricity at peak capacity to power 100,000 homes.

Dominion is currently identifying construction sites around Virginia for the projects.

Last month, Dominion announced that it had filed an application with the Virginia State Corporation Commission to build Virginia’s first large-scale solar project, a 20-megawatt project near its Remington Power Station in Fauquier County. Remington and the newly announced projects will require approval by the State Corporation Commission.

Dominion has 744MW of solar generating capacity in development, under construction or in operation across seven states.

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