By Robb M. Stewart
Dominion Energy Inc. is hunting for projects to boost the utility's renewable energy in Virginia as it targets net zero greenhouse gas emissions nationwide by 2050.
Dominion said Thursday it is seeking proposals from developers of new solar, onshore wind and energy-storage projects in the state.
The company said it has made substantial progress in meeting the goals of the Virginia Clean Economy Act, and is developing the largest offshore wind project in the U.S. off the coast of Virginia and has more than 5,200 megawatts of solar under development or in operation in the state. Once completed, these projects will produce enough zero-carbon electricity to power nearly two million homes at peak output, it said.
Dominion is seeking proposals for up to 1,000 megawatts of solar and onshore wind and said it may either purchase projects or enter into power purchase agreements with third-party developers. It also is soliciting bids for up to 100 megawatts of energy storage projects. The projects must be greater than three megawatts and located in Virginia, it said.
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(END) Dow Jones Newswires