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Virginia regulators approve Dominion Energy solar projects
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Virginia regulators approve Dominion Energy solar projects
Apr 1, 2024 9:02 AM

April 1 (Reuters) - Virginia utility regulators on

Friday approved new solar projects with a total of 764 MW

electricity capacity that will expand Dominion Energy's ( D )

clean energy portfolio in the U.S. state.

The more than a dozen projects approved by the Virginia

State Corporation Commission included four solar facilities -

amounting to 329 MW - that will either be owned or acquired by

Dominion, as well as power purchase agreements for

independently-owned solar projects that will deliver 435 MW of

capacity in total.

Once completed, Dominion will have more than 4,600 MW of

approved solar projects in Virginia - capable of powering more

than 1.1 million homes at peak output, according to the utility.

Dominion expects the solar projects will come online in 2026,

pending local and state permits.

Dominion proposed the projects to Virginia regulators last

October, as it sought to capitalize on federal clean energy

incentives in the Inflation Reduction Act. The act provides for

billions of dollars in tax credits and direct payments for clean

energy resources.

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