Mon Power and Potomac Edison Break Ground on Third Solar Site
Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have begun construction on their third utility-scale solar site in West Virginia. The Marlowe solar project, located on a former ash disposal site in Berkeley County, will produce up to 5.75 megawatts of renewable power when completed in 2025. This project is part of the companies' West Virginia solar program, which aims to develop 200 megawatts of solar renewable generation over time.
The companies have already completed an 18.9-megawatt project at Fort Martin Power Station and started construction on a 5.5-megawatt site in Rivesville. In total, five projects will create over 87,000 solar renewable energy credits (SRECs) available for purchase by customers. The program has enrolled both residential and large commercial customers, with SREC purchases costing 4 cents per kilowatt hour in addition to normal rates.
Mon Power e Potomac Edison, sussidiarie di FirstEnergy Corp. (NYSE: FE), hanno iniziato la costruzione del loro terzo impianto solare su scala utility in Virginia Occidentale. Il progetto solare Marlowe, situato su un ex sito di smaltimento delle ceneri nella Contea di Berkeley, produrrà fino a 5,75 megawatt di energia rinnovabile al completamento previsto per il 2025. Questo progetto fa parte del programma solare della Virginia Occidentale delle aziende, che mira a sviluppare 200 megawatt di generazione solare rinnovabile nel tempo.
Le aziende hanno già completato un progetto da 18,9 megawatt presso la Fort Martin Power Station e hanno iniziato la costruzione di un sito da 5,5 megawatt a Rivesville. In totale, cinque progetti creeranno oltre 87.000 crediti di energia rinnovabile solare (SREC) disponibili per l'acquisto da parte dei clienti. Il programma ha coinvolto clienti residenziali e commerciali di grandi dimensioni, con acquisti di SREC al costo di 4 centesimi per kilowattora in aggiunta alle tariffe normali.
Mon Power y Potomac Edison, subsidiarias de FirstEnergy Corp. (NYSE: FE), han comenzado la construcción de su tercer sitio solar a nivel de servicios públicos en Virginia Occidental. El proyecto solar Marlowe, ubicado en un antiguo vertedero de cenizas en el Condado de Berkeley, producirá hasta 5,75 megavatios de energía renovable cuando se complete en 2025. Este proyecto es parte del programa solar de las empresas en Virginia Occidental, que tiene como objetivo desarrollar 200 megavatios de generación solar renovable con el tiempo.
Las empresas ya han completado un proyecto de 18,9 megavatios en la Estación de Energía Fort Martin y han comenzado la construcción de un sitio de 5,5 megavatios en Rivesville. En total, cinco proyectos crearán más de 87,000 créditos de energía solar renovable (SREC) disponibles para compra por los clientes. El programa ha inscrito tanto a clientes residenciales como a grandes clientes comerciales, con compras de SREC costando 4 centavos por kilovatio hora además de las tarifas normales.
Mon Power와 Potomac Edison은 FirstEnergy Corp. (NYSE: FE)의 자회사로서 웨스트 버지니아에서 세 번째 공공 유틸리티 규모의 태양광 발전소 건설을 시작했습니다. 말로우 태양광 프로젝트는 Berkeley County의 이전 재에 대한 폐기물 처리 장소에 위치하며, 2025년 완공 시 최대 5.75 메가와트의 재생 가능 에너지를 생산할 것입니다. 이 프로젝트는 두 회사의 웨스트 버지니아 태양광 프로그램의 일환으로, 시간이 지남에 따라 200 메가와트의 재생 가능 태양광 발전을 개발하는 것을 목표로 하고 있습니다.
이들 회사는 이미 Fort Martin Power Station에서 18.9 메가와트 프로젝트를 완료했으며 Rivesville에서 5.5 메가와트 사이트의 건설을 시작했습니다. 총 다섯 개 프로젝트는 고객이 구매 가능한 87,000개의 태양광 재생 가능 에너지 크레딧(SREC)을 생성할 것입니다. 이 프로그램은 주거용 및 대규모 상업 고객을 포함하며, SREC 구매 비용은 킬로와트시당 4센트로 정상 요금에 추가됩니다.
Mon Power et Potomac Edison, des filiales de FirstEnergy Corp. (NYSE: FE), ont commencé la construction de leur troisième site solaire à grande échelle en Virginie-Occidentale. Le projet solaire Marlowe, situé sur un ancien site d'élimination de cendres dans le comté de Berkeley, produira jusqu'à 5,75 mégawatts d'énergie renouvelable à son achèvement en 2025. Ce projet fait partie du programme solaire des entreprises en Virginie-Occidentale, qui vise à développer 200 mégawatts de production d'énergie solaire renouvelable au fil du temps.
Les entreprises ont déjà achevé un projet de 18,9 mégawatts à la Fort Martin Power Station et ont commencé la construction d'un site de 5,5 mégawatts à Rivesville. Au total, cinq projets créeront plus de 87 000 crédits d'énergie renouvelable solaire (SREC) disponibles à l'achat par les clients. Le programme a inscrit à la fois des clients résidentiels et des grandes entreprises, les achats de SREC coûtant 4 cents par kilowattheure en plus des tarifs normaux.
Mon Power und Potomac Edison, Tochtergesellschaften von FirstEnergy Corp. (NYSE: FE), haben den Bau ihrer dritten Solarstromanlage in Utility-Größe in West Virginia begonnen. Das Marlowe-Solarprojekt, das auf einem ehemaligen Ascheablagerungsplatz im Berkeley County liegt, wird bei seiner Fertigstellung im Jahr 2025 bis zu 5,75 Megawatt erneuerbare Energie erzeugen. Dieses Projekt ist Teil des Solarprogramms der Unternehmen in West Virginia, das darauf abzielt, über die Zeit 200 Megawatt solare erneuerbare Energieerzeugung zu entwickeln.
Die Unternehmen haben bereits ein 18,9 Megawatt Projekt an der Fort Martin Power Station abgeschlossen und die Bauarbeiten an einem 5,5 Megawatt Standort in Rivesville begonnen. Insgesamt werden fünf Projekte über 87.000 Solar Renewable Energy Credits (SRECs) schaffen, die von Kunden erworben werden können. Das Programm hat sowohl Wohn- als auch große Geschäftskunden eingeschrieben, wobei der Erwerb von SRECs 4 Cent pro Kilowattstunde zusätzlich zu den regulären Tarifen kostet.
- Construction begun on third utility-scale solar site in West Virginia
- Marlowe solar project to produce 5.75 megawatts of renewable power
- Part of a larger plan to develop 200 megawatts of solar renewable generation
- Creation of over 87,000 solar renewable energy credits (SRECs) for customer purchase
- Utilization of local union workers and US-made equipment for construction
- None.
Insights
This solar project represents a significant step in FirstEnergy's renewable energy strategy and West Virginia's transition towards cleaner power sources. The 5.75 megawatt Marlowe facility is part of a larger 50 megawatt solar initiative, which itself is the first phase of a 200 megawatt long-term plan. This aligns with the state's 2020 legislation authorizing utilities to develop solar generation.
The repurposing of a former ash landfill for solar power demonstrates effective land reclamation and environmental remediation. This approach could serve as a model for other utilities looking to redevelop brownfield sites. The use of local union labor and U.S.-made components also supports domestic manufacturing and employment.
The creation of 87,000 Solar Renewable Energy Credits (SRECs) provides a mechanism for customers to support renewable energy. At
While this project is a positive step for FirstEnergy's renewable portfolio, its immediate financial impact is likely to be minimal given FE's
- Regulatory Compliance: This initiative helps FE meet state renewable mandates, potentially avoiding future penalties.
- Customer Retention: Offering renewable options may help retain large commercial and industrial customers who have sustainability goals.
- Cost Stability: Solar generation can provide a hedge against fuel price volatility in fossil fuel plants.
- Future Growth: The 200 MW plan suggests ongoing capital deployment opportunities in renewables.
Investors should monitor the uptake of SRECs and any impact on customer acquisition or retention rates. The
Former ash landfill in
The
Dan Rossero, Vice President of FirstEnergy's West Virginia Generation: "The redevelopment of this site into a clean, renewable energy source is aligned with our commitment to support economic growth in
Expected to be complete in 2025, the
The project is part of the companies'
Mon Power and Potomac Edison are developing five solar projects that will total 50 megawatts of renewable solar generation, the first phase of 200 megawatts the companies plan to develop over time. The companies completed their first solar project at Fort Martin Power Station in
Combined, the five projects will create more than 87,000 solar renewable energy credits (SRECs) available for purchase by customers who support renewable energy in
Since the inception of the solar program, Mon Power and Potomac Edison have enrolled residential customers as well as large commercial and institutional customers including the National Energy Technology Laboratory (NETL) in
The companies will seek final approval from the Public Service Commission of
Mon Power serves about 395,000 customers in 34
Potomac Edison serves about 285,000 customers in seven counties in
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in
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SOURCE FirstEnergy Corp.
FAQ
What is the capacity of the Marlowe solar project being constructed by Mon Power and Potomac Edison (FE)?
How many solar projects have Mon Power and Potomac Edison (FE) completed or started in West Virginia?
What is the total planned solar generation capacity for Mon Power and Potomac Edison (FE) in West Virginia?
How much do Solar Renewable Energy Credits (SRECs) cost for Mon Power and Potomac Edison (FE) customers in West Virginia?
