Dominion, Appalachian Power team up to expand energy storage
Virginia electric utility giants Appalachian Power and Dominion Energy Inc. announced Tuesday a public-private partnership with InvestSWVA that aims to expand renewable energy storage technology and attract industry prospects in Southwest Virginia. “With the greater proliferation of renewables, energy storage expansion will be a vital component in providing stability to our grid and support our […][...]
Charlottesville solar company acquires Calif. firm
Charlottesville-based Sigora Solar announced Wednesday it has acquired Rancho Cordova, California-based Aztec Solar. Terms of the transaction were not disclosed. “Through the strategic acquisition of Aztec Solar, Sigora is realizing our goal to be a national leader in energy,” Sigora Solar CEO Logan Landry said in a statement. “We at Sigora are driven by a […]
Danish company to establish $1.35M manufacturing facility in Henrico
Gov. Ralph Northam announced Wednesday that Danish manufacturer Rose Holm will invest $1.35 million to establish its first U.S. facility in Henrico County, creating 10 jobs. Rose Holm produces threaded bolts for the food and beverage, wind power and heat exchange industries in Northern Europe. The new operation will allow the company to further its […]
ODU will build tool for wind energy site planning
Old Dominion University will develop an online tool for the placement of wind-energy projects so they don’t interfere with military installations, with a Department of Defense grant of $775,000. The DoD’s Office of Economic Adjustment awarded the Military Installation Sustainability program grant to the state, according to a news release from Gov. Ralph Northam’s office […][...]
Va. offshore wind industry could create 5.2K jobs, study finds
The offshore wind industry could create up to 5,200 jobs in Virginia (with a majority in Hampton Roads) and an estimated $740 million in total economic activity during the next several years, according to an economic impact analysis conducted by Henrico County-based Mangum Economics and released Tuesday by the Hampton Roads Alli[...]
Change in the air
After almost a decade of planning, Dominion Energy Inc. will begin harnessing offshore wind power this fall as two massive test turbines go into operation off the coast of Virginia Beach. Standing about 600 feet tall, the 12-megawatt turbines are the cornerstone of Dominion’s Coastal Virginia Offshore Wind (CVOW) pilot project[...]
Arlington-based natural gas provider announces leadership changes
Arlington-based liquefied natural gas producer Venture Global LNG Inc. announced Monday corporate governance changes in which founders, co-Chairmen and co-CEOs Robert Pender and Michael Sabel will split their roles. With approval of the board of directors, effective Oct. 1, Sabel will assume the role of CEO and Pender will bec[...]
Dominion seeks to keep North Anna nuclear plant operating into 2060
Richmond-based Dominion Energy has filed an application with the Nuclear Regulatory Commission to renew the operating license for its North Anna nuclear power station for an additional 20 years. In operation since 1978 and 1980, North Anna’s two reactor units are currently licensed to operate until 2038 and 2040. The renewal would have the reactor […]
Environmental nonprofit plants itself in flood zone
As rising sea levels threaten urban coastal communities, the Portsmouth-based nonprofit Elizabeth River Project is intentionally building its new headquarters on the front lines. The $4.5 million, three-story building — set to be built on a flood plain along the river in Norfolk — is designed to withstand high waters. I[...]
Energy
ROBERT M. ‘BOB’ BLUE PRESIDENT AND CEO, DOMINION ENERGY INC., RICHMOND In October, Blue takes over as Dominion’s president and CEO, though he’ll still answer to his predecessor, Thomas Farrell II, who’s taking on the title of executive chair. Blue joined Dominion in 2005, serving in various leadership roles, including, most recently, as executive vice […]
Israeli energy company plans U.S. headquarters in Arlington
One of Israel’s largest renewable energy companies, Energix Renewable Energies Ltd., will establish its U.S. subsidiary’s headquarters in Arlington County, Gov. Ralph Northam announced Thursday. The company plans to invest $1.1 million and create 33 jobs, according to the governor’s office. CadenEnergix’s office will be in a building owned by another subsidiary of its parent […][...]
Virginia Natural Gas taps Robert Duvall as next president
Virginia Natural Gas President Jim Kibler will retire later this year, and former VNG president Robert Duvall will take his place, effective Sept. 4, the utility announced Tuesday. Duvall is currently senior vice president of customer operations at Southern Company Gas, VNG’s parent company. Duvall was president of VNG fro[...]