RICHMOND, Va., Sept. 26, 2019 /PRNewswire/ -- Dominion
Generation, Inc., a wholly owned subsidiary of Dominion Energy,
Inc. (NYSE: D), announced today that it has acquired two solar
generating projects from Savion LLC, a subsidiary of Macquarie's
Green Investment Group. The facilities are expected to be
operational in 2020. Power generated at the two sites, as well as
the renewable energy credits, will go to telecommunications company
T-Mobile USA, Inc., under
long-term contracts.
Since Dominion Energy said in 2018 that it would initiate a
program to add 3,000 megawatts of solar and wind generation to the
electric grid in Virginia by the
end of 2022, the company has announced plans or power purchase
agreements for about 675 megawatts of such energy – or 20 percent
of its goal. Three-thousand megawatts of electric generating
capacity can serve at least 750,000 customers when the facilities
are producing energy.
The company has also announced a target to reduce carbon
emissions from its power generating facilities 80 percent between
2005 and 2050. As of the end of 2018, Dominion Energy was already
more than halfway to meeting that target.
"We are proud to partner with T-Mobile to provide clean energy
for its operations across the company," said Paul D. Koonce, executive vice president and
president and chief executive officer of Dominion Energy's Power
Generation Group. "Cleaner energy on the grid benefits everyone,
and we're looking to find similar customer solutions in the states
where we do business."
"T-Mobile is all in on sustainability and has made a commitment
through RE100 to source 100 percent renewable energy by 2021. This
partnership with Dominion Energy and adding the Myrtle and
Greensville solar projects to our
portfolio is playing a big part in our progress, helping bring us
to 95 percent of our goal!" said Mike
Sievert, president and chief operating officer at T-Mobile.
"We can't thank our partners enough for all their work and support
in helping us reach this milestone for our company – and the
planet!"
The 15-megawatt Myrtle Solar
project, located on about 120 acres in the City of Suffolk, is expected to enter service
in the second quarter of 2020. The 80-megawatt Greensville Solar
facility, occupying more than 1,000 acres near Emporia, Va., in Greensville County, is targeted to come online
in late 2020.
Since the General Assembly of Virginia passed the Grid Transformation and
Security Act of 2018, the company has begun developing, signed
offtake contracts for, or filed with the State Corporation
Commission of Virginia for
permission to build other solar facilities in the Virginia counties of Gloucester, Greensville, Halifax, Mecklenburg, Surry and Westmoreland.
Nearly 7.5 million customers in 18 states energize their homes
and businesses with electricity or natural gas from Dominion Energy
(NYSE: D), headquartered in Richmond,
Va. The company is committed to sustainable, reliable,
affordable and safe energy and is one of the nation's largest
producers and transporters of energy with more than $100 billion of assets providing electric
generation, transmission and distribution, as well as natural gas
storage, transmission, distribution and import/export services. The
company expects to cut generating fleet carbon dioxide emissions 80
percent by 2050 and reduce methane emissions from its gas assets 50
percent by 2030. Please visit www.DominionEnergy.com to learn
more.
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SOURCE Dominion Energy