Old Dominion Electric Cooperative and EDF Renewables North America Announce Increased Portfolio of Distributed Solar Projects
Business Wire | March 17, 2020
Old Dominion Electric Cooperative (ODEC) and EDF Renewables North America today announced an increase to a previously announced partnership to develop a portfolio of distributed solar projects across ODEC member service territories in Virginia, Maryland, and Delaware. The 15 projects, expected in service in 2021, will generate more than 60 megawatts (MWac) of local solar energy to ODEC member communities while at the same time providing regional and energy diversification to the cooperative’s generation portfolio. ODEC originally signed an agreement with EDF Renewables in 2019 for 30 MWac of solar power on 10-12 prospective sites. The energy generated will be purchased by the cooperative at a fixed rate through Power Purchase Agreements (PPA) thus providing energy cost surety for its members.