Dominion Energy’s Virginia and North Carolina subsidiaries have announced a new request for proposals (RFP) inviting submissions for power purchase agreements (PPAs) and acquisitions involving solar, onshore wind, and energy storage developments across both states.
The company outlined five categories of interest under the RFP namely solar, solar co-located with storage, onshore wind, onshore wind co-located with storage, and standalone energy storage. In addition to PPAs, Dominion said it plans to outright acquire projects in these categories.
For acquisitions, Dominion specified a focus on “non-residential rooftop and carport solar projects, including mechanically complete projects, specifically on commercial, industrial, and government-owned structures. The company is particularly seeking rooftop and carport solar projects in Virginia’s urban centers to reduce the load on the electric grid.”
Regarding power purchase agreements, Dominion is requesting proposals for “both utility-scale projects that are greater than 3 MW, as well as distributed projects that are 3 MW or less” within Virginia or North Carolina. “For distributed projects that are 3 MW or less, the facilities must be located within [Dominion Energy Virginia or [Dominion Energy North Carolina] service territory where there are location grid benefits to Dominion Energy customers.”
Dominion further said that “The company also encourages the submission of PPAs from solar, onshore wind and energy storage projects on previously developed sites, such as former landfills or industrial uses,”
Company spokesperson Aaron Ruby said the new solicitation supports Dominion’s “‘all of the above’ strategy to serve growing power demand in Virginia.” Ruby added, “Our customers are using about 5% more power each year, and we’re serving that growth with a balanced mix of renewables, nuclear and natural gas,” while pointing out that the Virginia Clean Economy Act mandates that 35% of solar energy be procured through PPAs.
According to Dominion’s 2024 integrated resource plan, the company aims to bring 21.1 GW of clean energy capacity online within the next 15 years, which includes 12 GW of solar and 4.5 GW of battery storage. Interested bidders must submit an Intent to Bid Form and a signed Confidentiality Agreement by January 20.