Dominion, one of U.S.’s largest producers and transporters of energy, announced the acquisition of a 20MW solar facility in Georgia from HelioSage Energy. The facility has secured a 20-year PPA with Georgia Power and is expected to enter service in 2015.
The 20MW Richland Solar Center is located in Twiggs County near Jeffersonville, Georgia. It has secured a 20-year power purchase agreement (PPA) and interconnection agreements with Georgia Power. An engineering, procurement, construction (EPC) contract has also been signed. When completed and starts operation, the Richland Solar Center is expected to qualify for the federal Investment Tax Credit (ITC).
David A. Christian, chief executive officer of Dominion Generation, said: "The Richland acquisition adds to our diverse generation fleet fuel mix and furthers Dominion's goal of having 625 MW of contracted solar generating capacity in service by the end of 2016."
Dominion's total contracted solar generating portfolio consists of 364 MW in operation or under development in California, Connecticut, Georgia, Indiana, Tennessee and Utah. The 7.7-MW Azalea Solar Power Facility, located outside Davisboro, Ga., is also owned and operated by Dominion. The company plans to develop up to 400 MW of utility solar generation in Virginia by 2020. Currently, the company has a portfolio of approximately 24,600 MW of generation and 12,200 miles of natural gas transmission, gathering and storage pipeline, and 6,455 miles of electric transmission lines.
