Delaware PSC Approves Delmarva Power’s Dover SUN Park Contracts
Tuesday, September 07, 2010
Approval paves way for one of the region’s largest solar power projects
DOVER, Del. – The Delaware Public Service Commission today approved Delmarva Power’s Dover SUN Park contracts. The approval represents a final step before construction gets under way on one of the largest solar energy projects in the region.
“Now, with the Commission’s full support, Dover SUN Park can become a reality for the state of Delaware, creating green, clean energy as well as more than a hundred construction jobs for the state,” said Gary Stockbridge, President, Delmarva Power Region.
The 10-megawatt (MW) solar power plant will be built on 103 acres of Dover-owned property in the Garrison Oak Technology Park. The utility-scale solar power plant, which will be owned by White Oak Solar Energy, LLC, an affiliate of LS Power, would supply enough clean power to serve 1,300 homes. Construction of Dover SUN Park is planned to start later this year, with full-scale operations expected to begin next summer.
The Delmarva Power agreements include:
- A long-term contract with White Oak Solar Energy, LLC for the purchase of SRECs associated with the solar energy output from Dover SUN Park; and
- A contract with the Delaware SEU for the preservation of SRECs and the ability to buy them back at a later date.
Dover, Delmarva Power, Delaware Municipal Electric Corporation, the SEU and LS Power, with the support of the state legislative and executive branches, have been developing this project for more than a year as a collective effort to bring green energy and green jobs to Delaware. The Dover SUN Park will be the first tenant within the 389-acre Garrison Oak Technology Park, which is owned by Dover.
Delmarva Power, a public utility owned by Pepco Holdings, Inc. (NYSE: POM), provides safe and reliable energy to nearly 498,000 electric delivery customers in Delaware and Maryland and over 123,000 natural gas delivery customers in northern Delaware.