Sign In
Free Newsletter
Virginia CEO compensation continues climbing
Virginia CEOs earned an average $10.17M in 2024, with Capital One’s Richard Fairbank leading the list at nearly $30M.
Hampton Roads seeks opportunities amid federal policy changes
Hampton Roads leaders warn of risks from tariffs, defense cuts and energy policy while seeing growth in military tech and industry.
Wind energy projects continue despite federal headwinds
Despite cost increases, legal challenges, tariff uncertainty and President Donald Trump’s dogged opposition to wind energy, Dominion Energy’s Coastal Virginia Offshore Wind project is on track to begin powering 660,000 homes in late 2026. Construction on the 2.6-gigawatt project 27 miles off the Virginia Beach coast was 60% complete as of late July. According to […]
Navy, Dominion sign energy agreement
In June, leaders from Naval Weapons Station Yorktown, which provides weapons and munitions support to the U.S. Navy, and Fortune 500 utility Dominion Energy signed an agreement to explore the development of a “reliable, resilient and responsible” energy source at the base. It could involve solar power, a small modular nuclear reactor or a natural […]
Top Five: October 2025
The top five most-read daily news stories on VirginiaBusiness.com from Aug. 9 through Sept. 9 included news of a new medical school launching at the University of Mary Washington. 1 | Virginia Chamber CEO resigns after 4 months After serving as the Virginia Chamber of Commerce’s president and CEO since April 1, Cathie Vick left […]
Chesterfield approves fusion power plant permit
Commonwealth Fusion Systems received the Chesterfield zoning permit needed for what could be the world’s first grid-scale commercial fusion power plant.
Trump administration withdraws $39.27M for Norfolk offshore wind project
The Trump administration withdrew $39.27 million in federal funding that had been awarded for an offshore wind logistics port in Norfolk.
Virginia eyes nuclear to power booming data centers
Data centers devouring nearly a quarter of Virginia’s electricity, leaders push nuclear power, from SMRs to fusion, to meet rising demand.
Crossed wires over regional power expansion
As data centers and power usage become ever more intensely debated topics in Northern Virginia, it’s no surprise that a new transmission line could ruffle feathers. Dominion Energy has proposed a 500-kilovolt transmission line to run from its Morrisville substation in Fauquier County through parts of Prince William and Loudoun counties to the planned Wishing […]
US government halts nearly complete offshore wind farm. Is Virginia’s next?
The Trump administration last week halted construction on a nearly complete wind farm off the coast of Rhode Island and Connecticut.
Solar-powered Flying Squirrels stadium on way
Dominion Energy will install solar panels at the Richmond Flying Squirrels’ new stadium, powering 250 homes
Dominion promotes Baine to EVP of utility operations
Edward H. “Ed” Baine is being promoted to executive vice president of utility operations for Dominion Energy.
