Dominion Energy tests appetite for corporate PPAs ahead of 3GW tender

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Dominion wants to gauge the interest in renewables from big corporates and government bodies prior to its 3GW tender. Source: Walmart.

Dominion Energy is sampling the appetite for corporate power purchase agreements (PPAs) before it launches a 3GW tender in Virginia.

The company is circulating a survey asking companies the scale of solar or wind they would be interested in, whether they would consider siting solar on their own property and how long a contract they would consider signing.

They have also asked whether companies would rather procure directly from a tangible renewable energy asset or purchase credits linked to power generated from wind and solar projects.

Virginia has mandated for 3GW of wind and solar to be connected or in development by 2022.

“We welcome the opportunity to learn more about the renewable energy targets and goals of business and governmental customers across the state,” said Corynne Arnett, vice president-customer service. “This information will help us adapt renewable programs to meet customer needs as we grow our renewable generation fleet in Virginia, which is currently the 4th largest solar fleet in the country among utility holding companies.”

US corporates will have purchased 5GW of renewable power by the end of this year, according to the Rocky Mountain Institute’s Business Renewables Center. Walmart, AT&T and Facebook were the three biggest purchasers.

The survey is available here.

Read Next

July 22, 2021
US Senate majority leader Chuck Schumer has failed in a bid to fast-track the US’ US$1.2 trillion infrastructure investment bill through the Senate. But there remains hope that further progress could be made as early as next Monday, when some Republican senators believe the bill will be fit to proceed.
PV Tech Premium
July 15, 2021
Earlier this week the US National Renewable Energy Laboratory (NREL) published its 2021 Annual Technology Baseline (ATB) document, detailing the continued reduction in the levelised cost of electricity (LCOE) of the country’s core generators. Liam Stoker takes a look at the data and discusses just how cheap solar, and solar-storage, could become.
July 15, 2021
Legislation that would ban the import of all products from China’s Xinjiang region into the US has taken a critical step forward, passing the US Senate.
July 9, 2021
The US government has added a host of new China-based solar companies to its Entity List, effectively banning imports of their products into the country.
June 24, 2021
The US government is set to block the imports of some solar products with links to the Xinjiang region of China in response to allegations of the use of forced labour.
June 21, 2021
The cost of insuring operational solar farms has skyrocketed over the course of the year, triggered by carriers rethinking their approaches to natural catastrophes and other extreme weather events. This has placed additional importance on mitigation strategies. Kevin Christy, COO for North America at Lightsource bp, details how the solar developer has adapted its strategy in the field.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021