Sign In
Free Newsletter
Hitachi Energy plans $37M expansion in Halifax County
Hitachi Energy Ltd. will invest $37 million to expand its operation in Halifax County, creating 165 jobs, Gov. Glenn Youngkin announced Wednesday. The technology company will add 26,000 square feet to its existing facility in the county to make space for a new production line of large transformers to support the utility and renewable energy […]
Fluence announces next CEO, president
Julian Nebreda will become Arlington-based energy storage and digital applications company Fluence Energy Inc.’s president and CEO on Sept. 1. Nebrada succeeds Manuel Pérez Dubuc, who will step down on Aug. 31. Nebreda has been a Fluence board member since September 2021 and was most recently executive vice president and president of U.S. & Global […]
SCC approves Dominion’s $9.8B offshore wind farm
The State Corporation Commission has approved Dominion Energy Inc.’s application for the proposed $9.8 billion Coastal Virginia Offshore Wind Project (CVOW), which calls for the construction of 176 wind turbines 27 miles off the coast of Virginia Beach. The Richmond-based Fortune 500 utility has already erected two pilot turbines for its 2.6-gigawatt Coastal Virginia Offshore […]
Lambert’s Point Docks in Norfolk to become $100M maritime center
In a deal predicted to bring more than 500 jobs and over $100 million in capital investment, the Lambert’s Point Docks property in Norfolk will become a maritime operations and logistics center to support local offshore wind, defense and transportation industries. The land, owned by Norfolk Southern Railway Co., has been leased by Virginia Beach-based […]
Fluence to acquire renewable energy SaaS company
Arlington-based energy storage and digital application company Fluence Energy Inc. announced Monday that it has entered into an agreement to acquire Nispera AG. Nispera is a Zurich-based artificial intelligence and machine learning-enabled software-as-a-service company that targets the renewable energy sector. It helps clients monitor, analyze, forecast and improve renewable energy assets’ p[...]
Power plays
Virginia’s largest electric utilities are deploying an array of technologies as they decarbonize, digitalize and decentralize their power grids to meet the state’s and their own clean energy goals. Richmond-based Dominion Energy Inc. and Charleston, West Virginia-headquartered Appalachian Power are expanding their solar, wind and battery storage portfolios while advancing a massive pow[...]
SW community colleges to create wind manufacturing workforce
The presidents of four community colleges in Southwest Virginia signed a memorandum of understanding Wednesday to establish a wind manufacturing workforce development partnership. “Today’s MOU signing is meaningful because it demonstrates our resident and abiding interest in collaborating. Our four community college presidents are setting an example of how to find ways to work together[...]
Looking back
In November 2021, Gov. Ralph Northam sat down for an interview with Virginia Business, looking back at his eventful four-year term. This is a transcript of the full interview, part of which was used in the January 2022 cover story, “A dramatic shift.” The interview has been edited for length and clarity. Virginia Business: What […]
Dominion orders 176 turbines from Siemens Gamesa
Dominion Energy Inc. has ordered 176 offshore wind turbines from Siemens Gamesa Renewable Energy S.A. for its 2.6-gigawatt, $9.8 billion Coastal Virginia Offshore Wind project, the utility announced Monday. The Richmond-based Fortune 500 utility declined to release financial details of the contract. The SG 14-222 DD turbines — at more than 800 feet tall, the […]
Q&A: Quebec official discusses Va. trade mission
Quebec’s delegate general in New York, Martine Hébert, visited Virginia this week on a trip to strengthen economic relations between her province and the commonwealth. Appointed in August by Quebec Premier François Legault and based out of New York, Hébert is responsible for promoting the province’s economic interests in the mid-Atlantic region. She previously served […]
Energy
EDWARD H. ‘ED’ BAINE PRESIDENT, DOMINION ENERGY VIRGINIA, RICHMOND Baine is an example of the American dream made real. He grew up poor, working on his family’s tobacco farm in Lunenburg County, where, he says, he learned the value of hard work, dedication and responsibility. He subsequently applied that lesson during his more than […]
Kitty Hawk offshore wind project to create 600 jobs in Hampton Roads area
Avangrid Renewables, a subsidiary of Connecticut-based Avangrid Inc., submitted construction and operations plans on Dec. 11 for the first phase of its Kitty Hawk Offshore Wind project, a development it says will generate $2 billion in economic impact between 2021 and 2030 and create nearly 800 jobs in Virginia and North Carolina. Located 27 miles […]
