Madison Solar Farm is an 87.5MW solar PV power project. It is planned in Virginia, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
Description
The project is being developed by Cypress Creek Renewables, Dominion Energy, Sol Development, Sol Madison Solar and SolUnesco. The project is currently owned by Dominion Energy with a stake of 100%.
Madison Solar Farm is a ground-mounted solar project which is planned over 400 acres.
The project is expected to generate 4,372,381MWh electricity and supply enough clean energy to power 10,000 households. The project is expected to offset 100,450t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $94.325m.
The solar power project consists of 227,000 modules.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Northrop Grumman under a power purchase agreement. The offtake capacity is expected to be 62.5MW.
For more details on Madison Solar Farm, buy the profile here.
About Cypress Creek Renewables
Cypress Creek Renewables (Cypress Creek) is an integrated solar company engaged in developing, financing, building, and operating solar power projects. The company offers its services to third-party and self-managed solar facilities. Cypress Creek is headquartered in Santa Monica, California, the US.
About Dominion Energy
Dominion Energy Inc (Dominion) is an integrated energy utility. It offers electricity, natural gas and related services. The company generates, transmits and distributes electricity; transmits, distributes, stores, and processes gas; and carries out LNG import and storage operations. Dominion produces electricity using natural gas, oil, coal, nuclear, hydro, biomass, wind, fuel cell and solar sources. Under long-term power purchase agreements, it purchases and sells electricity. The company serves residential, commercial, industrial and governmental customers across the eastern and Rocky Mountain regions in the US and has offices in various cities across the country. Dominion is headquartered in Richmond, Virginia, the US.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
