October 4, 2024
Dominion Buys Rights to Va. Solar Farm
Dominion Energy obtained the rights to the 62.5-MW Madison Solar generating facility in Orange County, Va., from Cypress Creek Renewables.

Dominion Energy is adding to its growing solar portfolio with the acquisition Monday of a generating facility scheduled to be built in Central Virginia.

The Richmond-based company announced it obtained the rights to the 62.5-MW Madison Solar generating facility in Orange County, Va. The facility, owned by California-based Cypress Creek Renewables, will be transferred to Dominion’s contracted assets arm.

Terms of the deal were not disclosed.

Dominion Energy
Dominion Energy solar farm in Virginia | Dominion Energy

Madison Solar has received all state and local permits and is expected to come online by the second quarter of 2022. About 660 acres of land along State Route 20 in Locust Grove are being purchased to house the solar project.

Northrop Grumman will purchase the project’s electricity as well as its renewable energy credits under long-term agreements, according to Dominion. Northrop officials said they anticipate the facility will provide enough renewable power to the grid to match 100% of the electricity used for its Virginia manufacturing and office operations.

Dominion Energy
The original site plan for the proposed Madison Solar generating facility scheduled to be built in Orange County, Va. | SolUnesco

Dominion is continuing its plans to add about 16 GW of solar generating capacity through company-owned projects and power purchase agreements it is signing with third-party developers in Virginia. Its proposed long-term integrated resource plan for 2021-2045 would quadruple the amount of solar and wind generation in its previous 15-year plan a response to the Virginia Clean Economy Act (House Bill 1526 and Senate Bill 851). Signed by Gov. Ralph Northam in April, the law established that 16,100 MW of solar and onshore wind is “in the public interest.” (See Va. 1st Southern State with 100% Clean Energy Target.)

Virginia-based SolUnesco began securing the Madison Solar site in July 2016 before selling it to Sol Systems, a solar developer, and then transferring it to Cypress Creek Renewables in early 2019. The project will interconnect to a 115-kV line utilizing an easement for 0.1 miles from the parcel through an application filed with PJM in November 2017 (AC1-076).

“Our mission of powering a sustainable future one project at a time drives us to create valuable partnerships and projects,” said Cassidy DeLine, vice president of project finance for Cypress Creek Renewables. “Our collaboration with Dominion and Northrop Grumman on the Madison project reinforces our commitment to developing solar in the nation’s largest wholesale electricity market, PJM, and delivering long-term benefits for Orange County, Va.”

Company NewsGenerationPJM

Leave a Reply

Your email address will not be published. Required fields are marked *