Dominion to Acquire Virginia Solar Project from Longroad Energy

Researched by Industrial Info Resources (Sugar Land, Texas)--As part of its goal of having net-zero carbon and methane emissions by 2050, Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia) will purchase the Foxhound solar energy project in Halifax County, Virginia, from Longroad Energy (Boston, Massachusetts). Industrial Info is tracking more than $1.2 billion worth of active projects from Longroad and nearly $13 billion of renewable energy projects from Dominion.

The Foxhound project recently received full notice to proceed and has begun construction. The facility will use solar panels supplied by First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) to provide a nameplate generating capacity of 83 megawatts (MW). Foxhound is Longroad's first solar project in Virginia and its first greenfield project on the PJM Interconnection. The project also is the first utility-scale project to be certified as Virginia Pollinator-Smart. It will use native plant species under the solar panels and a pollinator-friendly seed mix around the arrays.

The financial close of the purchase agreement between Dominion and Longroad will happen upon completion of the project, which is expected in early 2024. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to learn more.

The Foxhound project is one of the smaller solar-power projects being developed by Longroad in the U.S. Also underway is the Umbriel photovoltaic plant in Polk County, Texas, Longroad's first project in Texas' Midcontinent ISO grid footprint. The facility will use more than 450,000 First Solar panels to achieve a generating capacity of 150 MW. Financing for the project was completed in February, when construction commenced. Subscribers can click here for the full report.

Another Longroad project underway is the Three Corners solar development in Kennebec County, Maine, construction of which began in November 2022. Upon completion, which is expected in mid-2024, the facility will have a generating capacity of 122.5 MW. Subscribers can click here for more information on the project. According to a company website, Longroad is the leading wind and solar developer in Maine, having developed more than 700 MW of renewable energy in the state.

While Dominion is acquiring the Foxhound solar farm from Longroad, it also is at work on its own renewable energy projects, varying greatly in size from less than 20 MW to several hundred megawatts. Among the company's planned mid-sized solar installations is the 100-MW Dulles solar energy center near Sterling, Virginia, construction of which is expected to kick off this summer. The facility will feature 50 MW of battery energy storage to deploy power in times of high demand or when the sun isn't shining. The project is expected to take about a year to complete. Subscribers can click here for the full report.

Larger solar undertakings from Dominion include phases II and III construction of the Hardin solar energy center near Alger, Ohio, about 80 miles northwest of Columbus. Phase II kicked off in the summer of 2021 and entails adding more than 590,000 monocrystalline thin-film panels to generate 170 MW. Construction is expected to be completed by the end of this year. Kicking off soon will be Phase III construction, which will increase solar-generation capacity by another 300 MW. Phase III is expected to be completed by the end of next year. Dominion acquired the facility from Invenergy (Chicago, Illinois), which will operate the plant, in 2021. Subscribers can click here to view the report on Phase II and click here for the report on Phase III.

Subscribers to Industrial Info's GMI Database can click here to view the reports for all of the projects discussed in this article and click here for the related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).