Dominion Energy will acquires four North Carolina solar energy projects

Source: Dominion Energy

Dominion Energy has acquired two 5-megawatt solar generating facilities and plans to purchase two other solar farms totaling approximately 10 megawatts (AC) later in the third quarter from subsidiaries of Chapel Hill, N.C.-based Strata Solar.

Dominion Energy has acquired two 5-megawatt solar generating facilities and plans to purchase two other solar farms totaling approximately 10 megawatts (AC) later in the third quarter from subsidiaries of Chapel Hill, N.C.-based Strata Solar.

Dominion Energy's solar portfolio in North Carolina and Virginia includes more than 600 megawatts of capacity owned by one of the company's generation-holding subsidiaries and more than 500 megawatts of solar capacity under contract by Dominion Energy's electric utilities in the two states. Together, these arrays could produce enough electricity to power 275,000 homes and businesses.

Dominion Energy has closed on the two 5-megawatt facilities in North Carolina – Fremont in Wayne County and Moorings 2 in Lenoir County. The company expects to purchase the Clipperton and Pikeville projects – each about 5 megawatts (AC) and under construction in Sampson County and Wayne County, respectively – when they are completed, anticipated later in the third quarter.

Agreements are in place for sale of the offtake from the solar facilities.

Dominion Energy has more than 2,000 megawatts of solar generating capacity – including company-owned assets and assets that are contracted by Dominion Energy utilities – in operation or under development in nine states.



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