Dominion Energy acquires solar project from First Solar

28 October 2019 (Last Updated October 28th, 2019 12:50)

US-based power company Dominion Energy has acquired solar power project, Seabrook Solar, from photovoltaic manufacturer (PV) First Solar.

Dominion Energy acquires solar project from First Solar
Dominion Energy to buy Seabrook Solar solar farm from First Solar. Credit: Zbynek Burival on Unsplash.

US-based power company Dominion Energy has acquired the solar power project Seabrook Solar from photovoltaic manufacturer (PV) First Solar.

Owned by First Solar’s contracted generation arm, the 72MW facility is spread across 630 acres of land in Beaufort County, South Carolina. Construction works on Seabrook Solar has already been initiated.

Dominion Energy Electric Operations president Keller Kissam said: “South Carolina, through the General Assembly and Governor McMaster, has expressed an interest in the benefits of renewable energy.

“Dominion Energy South Carolina already has 500MW of utility-scale solar projects that are operating in our service area. We are excited to add to our supply of low-cost, clean energy with this post-merger solar project in South Carolina.

“We look forward to continuing our work with developers to collaboratively and cost-effectively create a lower-carbon future for our state.”

Seabrook Solar is expected to commence its commercial operations later in 2019 and supply clean energy to Dominion Energy South Carolina. The two companies have not disclosed financial details of the deal.

Dominion Energy South Carolina serves 739,000 electric customers in the Midlands and Low Country. It also serves 384,000 natural gas customer accounts primarily in the Midlands, Low Country and Pee Dee.

Recently, the Commonwealth of Virginia signed a 420MW renewable energy contract with Dominion Energy.

Dominion Energy will supply clean energy from the renewable sources, which will be used to power state-owned buildings, facilities and universities in Virginia.

The agreement ensures that 30% of electricity consumed by the state-owned facilities by 2022 would be from renewable energy sources, fulfilling Virginia Governor Ralph Northam’s goal that was set in Executive Order 43 in September 2019.