East Point Energy divests 20 MW/80 MWh Dry Bridge energy storage project in Chesterfield County
East Point Energy, a Virginia-based energy storage developer, has sold the Dry Bridge Energy Storage project to Dominion Energy Virginia in the USA.
The 20 MW/80 MWh Dry Bridge is expected to be the largest battery energy storage project in the Commonwealth of Virginia. The project is expected to be operational in 2022. Located in Chesterfield County, Dry Bridge energy storage will be an essential component of Dominion Energy’s 100% clean energy future.
Dominion Energy acquired the Dry Bridge project as part of the company’s 2020 Clean Energy Request for Proposals. Under the Virginia Clean Economy Act, Dominion Energy will build or procure 2,700 MW of energy storage capacity by 2035 and must have 100% of its electricity sales in Virginia come from clean energy sources by 2045.
Country updates
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September 24, 2021
DE Shaw Renewable Investments closed acquisition and debt financing of Arroyo Solar and Storage Project in New Mexico
D. E. Shaw Renewable Investments (DESRI) has closed the acquisition and debt financing for the Arroyo Solar and Storage (Arroyo) project in the State of New Mexico, USA. Arroyo project is a 300 MWacs...
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September 23, 2021
Munich Re enters deal to acquire 50% stake of Palen Solar complex
Munich Re, through its asset manager unit MEAG, has entered into an agreement with EDF Renewables North America to acquire a 50% stake in the 310 MWdc solar photovoltaic complex in California, USA.&nb...
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September 23, 2021
Vestas to supply turbines for 240 MW Onshore wind farm in USA
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September 22, 2021
Ørsted powers up 227 MW Muscle Shoals solar PV project in Colbert County
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September 21, 2021
Financial close for 800 MW offshore wind project in USA
Copenhagen Infrastructure Partners and Avangrid have reached financial close for the 800 MW Vineyard Wind 1 offshore project in the USA.
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