Solar Frontier Americas Completes the Sale of 40 MW Solar Project to Dominion
TOKYO, April 11, 2017 – Solar Frontier Americas, U.S. subsidiary of the world’s largest CIS solar energy solutions provider, Solar Frontier, announced today it has sold its 40 megawatts (DC) (30 megawatts AC), Midway II solar power plant to a subsidiary of Dominion Energy Inc., a wholly owned subsidiary of Dominion Resources, Inc., one of the leading energy suppliers in the country. Dominion serves more than 6 million utility and retail energy customers throughout the U.S.
The Midway II Project, located in the Imperial County of California, is constructed with approximately 242,000 Solar Frontier advanced CIS solar modules mounted on NEXTracker’s high performance single-axis solar trackers. The project has a 25-year power purchase agreement (PPA) with the Imperial Irrigation District (the third largest public power utility in California serving the Imperial Valley) for the electricity produced by the plant.
Midway II (sited on 320-acres northwest of Calipatria, California) is part of Solar Frontier America’s 106 megawatts (DC) Midway projects portfolio. In total, Solar Frontier Americas’ project pipeline has over 400 megawatts of solar projects in various stages of development.
Charles Pimentel, COO of Solar Frontier Americas said, “We’re pleased Dominion is expanding its assets with a solar project developed by Solar Frontier Americas. As a highly successful Fortune 500 company, we applaud the growth of their renewable energy portfolio, their commitment to sustainable energy generation and the reduction of environmental carbon emissions.”
Midway II is expected to generate enough electricity to meet the needs of over 6,500 homes annually. The construction of the Midway projects boosted local employment with over 670 jobs and benefited the county with increased tax revenues that can be invested into programs for local residents.
“This acquisition highlights Dominion’s ongoing commitment to owning and operating renewable energy generation. We are pleased to work with Solar Frontier to provide more clean energy to the grid,” said Jim Eck, Vice President, Business Development & Merchant Operations for Dominion’s generation operating segment.
About Solar Frontier Americas Development
Solar Frontier Americas Development, a subsidiary of Solar Frontier (a global energy solutions company), develops and sells high performing, utility-scale photovoltaic plants in the United States and Latin America. Headquartered in San Francisco, California, the development team partners with solar system component suppliers, EPCs, and other developers to deliver optimized, high-yield solar plants that both economically and ecologically help meet the clean energy needs of today.
About Solar Frontier
Solar Frontier is the world’s largest provider of CIS solar panels, system solutions and services. Our solar panel technology delivers economical and environmental advantages in real-world conditions – where it counts – and our solutions range from innovative rooftop systems to professional power plant development services. We harness the power of the sun to provide a cleaner, more comfortable life for all.
Solar Frontier K.K. is a 100% owned subsidiary of Showa Shell Sekiyu K.K. (TYO:5002) (“Solar Frontier”) and is headquartered in Tokyo, Japan.
Dominion is one of the nation’s largest producers and transporters of energy, with a portfolio of approximately 26,400 megawatts of generation, 15,000 miles of natural gas transmission, gathering and storage pipeline, and 6,600 miles of electric transmission lines. Dominion operates one of the nation’s largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves more than 6 million utility and retail energy customers.