Dominion Resources (NYSE: D) announced May 1 the acquisition of a 20-MW solar facility in California, which is expected to enter service in the second quarter of this year, from E.ON North America.
The Alamo Solar project is located in San Bernardino County near Helendale, Calif. It has secured a 20-year power purchase agreement (PPA) and an interconnection agreement. It is expected to qualify for the federal Investment Tax Credit.
“Dominion is delighted to continue developing solar energy,” said David A. Christian, Dominion Generation‘s chief executive officer. “Solar power provides important fuel diversity in our fleet’s electric generation mix.”
Dominion’s total contracted solar generating portfolio consists of 384 MW in operation or under development in California, Connecticut, Georgia, Indiana, Tennessee and Utah. The acquisition of Alamo brings Dominion’s solar portfolio in California to 241 MW. The company also plans to develop 400 MW of utility solar generation in Virginia by 2020.
Dominion is one of the nation’s largest producers and transporters of energy, with a portfolio of approximately 24,600 MW of generation, 12,200 miles of natural gas transmission, gathering and storage pipeline, and 6,455 miles of electric transmission lines. It owns Virginia Electric and Power, a regulated utility serving much of Virginia and a small part of North Carolina.