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Researched by Industrial Info Resources (Sugar Land, Texas)--Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia) offered updates and optimism on some of its major projects, including a hotly anticipated windfarm off the coast of Virginia, following a difficult year for U.S. energy providers. Executives expect to see stronger state-level support for its renewable-energy developments, following the momentum spurred by the Inflation Reduction Act. Industrial Info is tracking about $16.5 billion worth of active projects from Dominion, about $12 billion of which is attributed to renewable-energy sources.
Click on the image at right to see a graph detailing Dominion's active projects across the U.S., by fuel source.
Through 2026, Dominion expects to invest $37 billion in growth projects, about 87% of which is geared toward projects related to emission reductions, including zero-carbon generation, energy storage, power grid transformations, gas-distribution modernizations and renewable natural gas (RNG) development. Through 2035, the company expects to invest as much as $73 billion in projects related to emission reductions.
Dominion's most closely watched project under development, the Coastal Virginia Offshore Windfarm, about 27 miles from Virginia Beach, is now in a key phase of its environmental review process and is "on track and on budget," executives said during a quarterly earnings-related conference call. In December, Virginia's State Corporation Commission (SCC) approved a cost-sharing settlement agreement, developed in collaboration with key stakeholders in the 2.6-gigawatt (GW) project. The windfarm also is expected to conclude a month-long public comment period on its environmental impact later this month.
Coastal Virginia is designed to use 188 turbines, each with a 14-megawatt (MW) capacity. Installation is currently scheduled to be completed toward the end of 2026. Earlier this month, Dominion contracted Specialist Marine Consultants Limited (Filey, England) for consultancy, training and other services during the construction process. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed project report.
Of recent activity in the Virginia State Legislature, Bob Blue, the chief executive officer of Dominion, said in the conference call: "There is legislation pending that revises our regulatory model. In addition, there is legislation that would, subject to commission approval, provide for a passive equity partner in our offshore wind project. It is too early to predict the outcome of any legislation. We remain engaged with stakeholders in the process."
On the solar front, some of Dominion's highest-valued projects are in Ohio, where it is constructing the $250 million Atlanta Farms Solar facility in Williamsport, which is expected to generate 200 MW from as many as 600,000 photovoltaic (PV) panels. Dominion purchased the project from Savion Energy LLC (Kansas City, Missouri) last June. Subscribers can learn more from Industrial Info's project report.
Dominion also is expanding its Hardin Solar Plant in Alger, Ohio, which it acquired from Invenergy LLC (Chicago, Illinois) in early 2021. The $221 million Phase II will add 170 MW to the existing 150-MW facility, and will be followed by the $300 million Phase III, which would nearly double capacity with another 300 MW. All 150 MW generated from the initial phase have been sold to Facebook parent Meta Platforms Incorporated (NASDAQ:META) (Menlo Park, California). Subscribers can read detailed reports on Phase II and Phase III of Hardin.
But the bulk of Dominion's active solar-energy projects to have started construction or site preparation are in Virginia, where the company expects to finish construction on up to four facilities by the end of this year:
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active projects from Dominion.
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) platform 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 more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right to see a graph detailing Dominion's active projects across the U.S., by fuel source.Through 2026, Dominion expects to invest $37 billion in growth projects, about 87% of which is geared toward projects related to emission reductions, including zero-carbon generation, energy storage, power grid transformations, gas-distribution modernizations and renewable natural gas (RNG) development. Through 2035, the company expects to invest as much as $73 billion in projects related to emission reductions.
Dominion's most closely watched project under development, the Coastal Virginia Offshore Windfarm, about 27 miles from Virginia Beach, is now in a key phase of its environmental review process and is "on track and on budget," executives said during a quarterly earnings-related conference call. In December, Virginia's State Corporation Commission (SCC) approved a cost-sharing settlement agreement, developed in collaboration with key stakeholders in the 2.6-gigawatt (GW) project. The windfarm also is expected to conclude a month-long public comment period on its environmental impact later this month.
Coastal Virginia is designed to use 188 turbines, each with a 14-megawatt (MW) capacity. Installation is currently scheduled to be completed toward the end of 2026. Earlier this month, Dominion contracted Specialist Marine Consultants Limited (Filey, England) for consultancy, training and other services during the construction process. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed project report.
Of recent activity in the Virginia State Legislature, Bob Blue, the chief executive officer of Dominion, said in the conference call: "There is legislation pending that revises our regulatory model. In addition, there is legislation that would, subject to commission approval, provide for a passive equity partner in our offshore wind project. It is too early to predict the outcome of any legislation. We remain engaged with stakeholders in the process."
On the solar front, some of Dominion's highest-valued projects are in Ohio, where it is constructing the $250 million Atlanta Farms Solar facility in Williamsport, which is expected to generate 200 MW from as many as 600,000 photovoltaic (PV) panels. Dominion purchased the project from Savion Energy LLC (Kansas City, Missouri) last June. Subscribers can learn more from Industrial Info's project report.
Dominion also is expanding its Hardin Solar Plant in Alger, Ohio, which it acquired from Invenergy LLC (Chicago, Illinois) in early 2021. The $221 million Phase II will add 170 MW to the existing 150-MW facility, and will be followed by the $300 million Phase III, which would nearly double capacity with another 300 MW. All 150 MW generated from the initial phase have been sold to Facebook parent Meta Platforms Incorporated (NASDAQ:META) (Menlo Park, California). Subscribers can read detailed reports on Phase II and Phase III of Hardin.
But the bulk of Dominion's active solar-energy projects to have started construction or site preparation are in Virginia, where the company expects to finish construction on up to four facilities by the end of this year:
- $140 million Piney Creek project in Clover; see project report
- $96 million Fountain Creek plant in Emporia; see project report
- $75 million Otter Creek plant in Chase City; see project report
- $40 million Solidago plant in Windsor; see project report
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active projects from Dominion.
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) platform 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 more than 200,000 current and future projects worth $17.8 trillion (USD).
