Dominion Energy is seeking 500 MWac of solar power and onshore wind, the second equally-sized installment of its rolling 3 GW clean energy procurement. The utility wants projects between 5 and 500 MWac, with an intent to bid due on August 15.
In what it touts as one of the largest green bond transactions issued by a utility, Duke Energy Carolinas has issued bonds to further renewable energy development.
The company has reached a deal with local developer Urban Grid to acquire two upcoming projects, which, when complete, should be the largest in the state of Virginia.
The Virginia power company says a $1 billion investment in its home state and North Carolina has placed its solar assets as the sixth largest utility-owned portfolio in the country.
While utilities around the country argue adding solar forces them to INCREASE rates on residential customers, the Virginia utility may be proving that the argument is a complete fairy tale.
The Boston-based solar developer, founded in 2016, purchased the significant project pipeline to establish itself as a national player in the U.S. solar market.
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