Dominion Energy has acquired the 62.5-megawatt (AC) Madison Solar generating facility in Orange County, Va., from Cypress Creek Renewables.
The project, which will be owned by Dominion Energy’s contracted assets arm and which has received all applicable state and local permits, is expected to enter service in the second quarter of 2022.
Falls Church, Va.-based Northrop Grumman Corporation will take the electricity generated at Madison Solar as well as the renewable energy credits. Northrop Grumman anticipates that the facility will provide enough renewable power to the grid to match 100 percent of its Virginia manufacturing and office operations’ electricity use.
As part of the Virginia Clean Economy Act’s requirement for zero-carbon electricity by 2045, over the next 15 years Dominion Energy plans to add about 16,000 megawatts of solar generating capacity through company-owned projects and power purchase agreements signed with third-party developers in Virginia.
It has also met its stated 2018 goal of bringing online, beginning development on, or signing contracts for 3,000 megawatts of solar and wind generating capacity in Virginia by the beginning of 2022.
The company’s solar portfolio was recently ranked third by S&P Global Market Intelligence among utility holding companies in the U.S., Robert M Blue, executive vice president and co-chief operating officer of Dominion, said.
Northrop Grumman has a long-standing commitment to environmental sustainability and greenhouse gas emissions reductions, said Sandra Evers-Manly, vice president of global corporate responsibility, Northrop Grumman.