This is the first project that has been approved under Virginia's permit-by-rule process for renewable energy projects with nameplate generating capacities of less than 100 megawatts. The statute streamlines the permitting process, allowing the Virginia Department of Environmental Quality to issue bulk permits to construct and operate qualifying renewable energy projects.
"We look forward to expanding our relationship with Amazon as it seeks to increase the mix of renewable energy on the electric grid powering its data centers," said Thomas F. Farrell II, chairman, president and chief executive officer of Dominion. "This project also shows Dominion's commitment to building additional clean, renewable solar facilities in Virginia."
"This ground-breaking solar project in Virginia shows what can happen when you bring together a national energy leader like Dominion and a global web services provider like Amazon Web Services with forward-looking leaders in Accomack County and the Commonwealth of Virginia," said Brent Alderfer, president of Community Energy, Inc., developer of the project. "This is a model for a new solar industry in the region and nationally."
The project is expected to qualify for the federal Investment Tax Credit.
Dominion has 425 megawatts of solar generating capacity in operation or expected to enter service in 2015 in California, Connecticut, Georgia, Indiana, Tennessee and Utah. Included in this portfolio is the 20-megawatt Maricopa West project in Kern County, Calif., that Dominion recently acquired from E.ON Solar. Construction is complete and the facility, which has a long-term power purchase agreement with San Diego Gas & Electric, is undergoing final testing before it becomes fully operational.
Dominion has agreed to sell a 33 percent partnership interest in that contracted solar portfolio to SunEdison, Inc. In addition, Dominion is also a 50-percent partner in two Utah projects totaling 530 megawatts. That joint venture is also with SunEdison, and the projects are expected to come online in 2016.
Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 24,400 megawatts of generation, 12,200 miles of natural gas transmission, gathering and storage pipeline, and 6,490 miles of electric transmission lines. Dominion operates one of the nation's largest natural gas storage systems with 928 billion cubic feet of storage capacity and serves utility and retail energy customers in 14 states. For more information about Dominion, visit the company's website at www.dom.com.