Virginia lawmakers are pushing a measure to develop a solar authority that would facilitate financing for solar projects and help Dominion Virginia Power carry out proposed plans, the reported:
This month, Dominion Virginia Power, the state’s largest electric utility, said it would invest $700 million in large-scale solar photovoltaic projects in a number of locations. The projects would generate at least 400 megawatts of power by 2020.
An amendment approved by the committee was tailored specifically to Dominion. It charged the authority with assisting Dominion’s plans by “providing for the financing or assisting in the financing of the construction or purchase of such solar energy projects” authorized by state law.
A state Senate committee sent the bill to the floor Monday.