(Source: Shutterstock.com)
Electric utility company Dominion Energy Inc. said on April 11 it agreed to buy Longroad Energy’s 108-MW Foxhound solar project in Virginia.
The project, which has long-term power purchase agreements in place, has been in development for six years and will produce enough clean energy to power more than 17,000 homes, Longroad said in a news release.
First Solar is supplying Series 6+ solar modules for the project, Nextracker is supplying trackers and TMEIC is supplying solar inverters.
The deal’s financial details were not disclosed. Financial close of the acquisition is expected upon mechanical completion of the project in January 2024.
Recommended Reading
AI-Shale Synergy: Experts Detail Transformational Ops Improvements
2025-01-17 - An abundance of data enables automation that saves time, cuts waste, speeds decision-making and sweetens the bottom line. Of course, there are challenges.
Trump Administration to Open More Alaska Acres for Oil, Gas Drilling
2025-03-20 - U.S. Interior Secretary Doug Burgum said the agency plans to reopen the 82% of Alaska's National Petroleum Reserve that is available for leasing for development.
Energy Technology Startups Save Methane to Save Money
2025-03-28 - Startups are finding ways to curb methane emissions while increasing efficiency—and profits.
E&P Highlights: March 3, 2025
2025-03-03 - Here’s a roundup of the latest E&P headlines, from planned Kolibri wells in Oklahoma to a discovery in the Barents Sea.
Digital Twins ‘Fad’ Takes on New Life as Tool to Advance Long-Term Goals
2025-02-13 - As top E&P players such as BP, Chevron and Shell adopt the use of digital twins, the technology has gone from what engineers thought of as a ‘fad’ to a useful tool to solve business problems and hit long-term goals.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.