US-based wind and solar developer Apex Clean Energy has purchased 442.5 MW of solar projects across Virginia from local renewable energy developer SolUnesco.
The transaction includes the 150MW Carvers Creek, 150MW Moody Creek, 130MW Red Brick, and 12.5MW Rivanna projects. The four projects will generate enough clean electricity to power approximately 72,000 US homes. This acquisition brings Apex’s nationwide portfolio of solar projects to more than 3GW.
“Apex continuously seeks to grow our utility-scale wind and solar pipeline based on projects with the greatest potential to meet rapidly expanding market demand,” said Mark Goodwin, Apex Clean Energy president and CEO. “The projects recently acquired from SolUnesco are expertly sited, have strong landowner support, and offer substantial environmental and economic benefits. We look forward to bringing these projects online, enabling significant job creation and new revenue streams in communities across the Commonwealth of Virginia.”
In Virginia, Apex also has county permit approvals for two other clean energy projects: the 75MW Rocky Forge Wind and 80MW Dragonfly Solar.
Following the successful launch of Energy Storage Summit USA, we are pleased to announce its return for a 2nd year. Renowned for its quality, breadth and expertise, this event features an all-encompassing range of strategic and technical sessions on the adoption and deployment of storage. Key market drivers such as the falling price of lithium-ion batteries, investment in electric vehicle infrastructure, FERC Order 841, government incentives, grid modernization, transition from dependency on the networks to a desire for autonomy and intermittent renewable sources, all add to an exciting time for the Energy Storage value chain.