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Released on Wednesday, March 22, 2017

Power

Dominion to Construct Two Solar Power Farms in South Carolina

Dominion Resources Incorporated (NYSE:D) (Richmond, Virginia) announced on Monday that the company will construct two photovoltaic (PV) solar energy farms in Jasper County, South Carolina.

Researched by Industrial Info Resources (Sugar Land, Texas)--Dominion Resources Incorporated (NYSE:D) (Richmond, Virginia) says it will construct two photovoltaic (PV) solar energy farms in Jasper County, South Carolina. The two facilities will have a combined capacity of more than 81 megawatts (MW). Both projects will be located near Ridgeland, South Carolina. Industrial Info is tracking $754 million of solar energy projects in South Carolina.

The larger of the two facilities will have a generating capacity of 71.4 MW and will be constructed on a 900-acre site. According to Dominion, the project will be South Carolina's largest solar facility when completed. Construction is expected to begin soon and be completed by the end of the year. South Carolina Electric & Gas (SCE&G) (Cayce, South Carolina) has signed a long-term power purchase agreement for the power produced by the facility, while leading chemicals and advanced materials company Solvay SA (Brussels, Belgium), which has several South Carolina facilities, has signed a 15-year purchase agreement for the facility's renewable energy credits. The project has an estimated total investment value (TIV) of $130 million.

Dominion's other solar project will have a generating capacity of 10 MW and will be constructed on 80 acres near Ridgeland. SCE&G also has made a power purchase agreement for this facility, which is expected to complete construction this summer. The project has an estimated TIV of $20 million.

Dominion acquired the two projects from Adger Solar (Bluffton, South Carolina) in November 2016. M.A. Mortenson Company (Minneapolis, Minnesota) will act as engineering, procurement and construction contractor on both projects.

Elsewhere in South Carolina, solar developer National Renewable Energy Corporation (Narenco) (Charlotte, North Carolina) is planning three solar facilities. The largest of these is a planned 70-MW facility near Allendale. The project has an estimated TIV of $85 million. The company is planning two 40-MW solar projects near Springfield and Neeses, each with an estimated TIV of $44.5 million. All three projects are planned to kick in the first half of next year.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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