RICHMOND, Va. (AP) — Energy provider Dominion Virginia Power is planning to develop multiple large-scale solar projects in the state totaling 400 megawatts of electricity.
The subsidiary of Richmond-based Dominion Resources Inc. said Thursday the projects estimated to cost $700 million are expected to be operational by 2020 and power 100,000 homes.
In its announcement, Dominion noted that solar costs continue to decline and large-scale projects are the most cost-effective way to deploy solar power.
The company says it's is actively working to select sites around Virginia by evaluating terrain and other electrical and environmental factors.
Dominion announced plans last month to build Virginia's first large-scale solar project near its Remington Power Station in Fauquier County. The projects will all require state regulatory approval.
The company already has several solar projects around the country.