A new 113-megawatt solar project in Virginia will ultimately have a hand in starting regional community solar initiatives. The Altavista Solar project, headed by DEPCOM Power, will help fund DEPCOM G.I.V.E.S., a charitable organization that hopes to bring new community solar initiatives to Virginia.
The project, currently under construction near Lynch Station, will be built on 720 acres of land. DEPCOM is leading the construction of the Liberty Power Corp. project. Even before its completion, Facebook has agreed to purchase 6.61-megawatts of solar through a Power Purchase Agreement.
Altavista Solar was developed by Apex Clean Energy and is Campbell County’s first utility-scale solar project. It’s expected to generate at least $1.8 million in tax revenue over a 35-year lifespan. DEPCOM plans to complete the project by the end of 2020, at which point it will immediately start generating solar energy.
DEPCOM has announced that a portion of the revenue generated by the Altavista Solar project will go towards DEPCOM G.I.V.E.S. Along with community solar initiatives, the charitable organization focuses on providing COVID-19 support, education on renewable and clean energy, and assisting the impoverished and American veterans in Campbell County.
The Altavista Solar project is expected to bring in 300 construction jobs. DEPCOM will aim to hire local contractors and veterans throughout the lifetime of the project. Following its “Buy American” policy, DEPCOM will also invest approximately 80% in Tier 1 American suppliers and local businesses for the duration of the construction. To provide ample protection for workers on the project, DEPCOM has set a priority for following COVID-19 restrictions set by local municipalities.
DEPCOM’s projects are responsible for generating 1 gigawatt of power. It has projects in Oregon, Idaho, Virginia, Pennsylvania, California, Colorado, New Mexico, and many more states. Its portfolio amounts to $1 billion in solar installations.