This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Dominion Virginia Power Dedicates New Solar Installation At Old Dominion University

NORFOLK, Va., July 8, 2014 /PRNewswire/ -- Dominion Virginia Power, along with Old Dominion University (ODU), Tuesday dedicated a new solar installation on the roof of ODU's Student Recreation Center. This installation is the first of its kind in the Hampton Roads area.

Last May, Dominion selected the university to be one of the first participants in the company's Solar Partnership Program under which Dominion builds and operates solar facilities on leased rooftops.

"ODU is a good fit for this program as it continues to pave the way for alternative energy research at the university level in the Commonwealth," said Ken Barker, vice president of Customer Solutions at Dominion. "This project will undoubtedly provide both community and educational benefits."

More than 600 solar panels were installed on the roof of the Student Recreation Center. These panels will generate about 125 kilowatts of electricity during daylight hours, which is enough to supply the energy needs for an equivalent of 31 homes. 

Barker added, "Our new program allows us to integrate solar power into our diverse mix of resources to ensure reliable electricity. Solar energy will be a source of generation moving forward, and we hope to add 20 to 30 new solar installations over the next several years."  

"With Dominion's generous support over the years, our university's development of solar technology and groundbreaking photovoltaic energy research has been recognized nationally," said John R. Broderick, president of Old Dominion University.  "Thanks to more than $3 million in research grants from a variety of sources, including Dominion Virginia Power, Dr. Sylvain Marsillac and his team have been able to further this research by testing solar energy concepts on the rooftops of Kaufman Hall, the Student Recreation Center and more."

The Solar Partnership Program was approved by the Virginia State Corporation Commission in November 2012. PowerSecure (NYSE: POWR), a North Carolina-based company with offices in Virginia, was chosen as the engineering, procurement and construction company to complete the project. Under the program, Dominion will construct and operate up to 30 megawatts of company-owned solar facilities on leased rooftops or on the grounds of commercial businesses and public properties throughout the company's Virginia service area. When fully implemented, the program will generate enough electricity for up to 7,500 homes.

For more information, including photos and video downloads of the solar installation, visit Dominion's media downloads page: https://www.dom.com/about/media-downloads.jsp

Dominion Virginia Power is a subsidiary of Dominion (NYSE: D), one of the nation's largest producers and transporters of energy, with a portfolio of approximately 27,500 megawatts of generation. Dominion operates one of the nation's largest natural gas storage systems and serves retail energy customers in 15 states. For more information about Dominion, visit the company's website at www.dom.com.

SOURCE Dominion Virginia Power

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs