APPALACHIAN POWER ISSUES RFP SEEKING SOLAR ENERGY RESOURCES IN WEST VIRGINIA

CHARLESTON, W. Va., February 16, 2022 /PRNewswire/ — Appalachian Power today issued a request for proposals (RFP) for up to 150 megawatts (MW) of solar power resources with the option to include a battery energy storage system . The company seeks to acquire the solar installations through one or more purchase and sale agreements from developers who meet certain economic and operational criteria.

Project bids must be at least 50 MW in size, located in West Virginiaand interconnected to PJM, the independent regional transmission organization that operates the power grid in 13 states, including West Virginia. Projects must be operational no later than December 15, 2025and benefit from the federal investment tax credit.

Appalachian Power issued the RFP pursuant to the provisions of West Virginia Senate Bill 583, passed in 2020 to foster the development of renewable energy resources and renewable energy facilities for solar energy. Preference will be given to submissions located on eligible sites as defined by legislation. These sites include properties previously used in power generation, industrial, manufacturing or mining operations, including brownfields, closed landfills, hazardous waste sites and former industrial or mining sites.

“The RFP issued today is our company’s second RFP after the West Virginia legislation,” said Chris Beam, president and chief operating officer of Appalachian Power. “Our first request resulted in the signing of a contract for a 50 MW solar project in Berkeley Countyand we are ready and eager to build on this success.”

Companies wishing to submit a proposal can access the criteria, required forms and other details online at www.appalachianpower.com/rfp. Proposals must be submitted by March 31, 2022. Any solar project selected by Appalachian Power through the bidding process is conditional and subject to the approval of the relevant regulatory authorities.

Appalachian Power is a leader in renewable energy, producing nearly 2,000 gigawatt hours of energy annually from wind, solar and hydroelectric power.

Appalachian Power has 1 million customers in Virginia, West Virginia and Tennessee (like AEP Appalachian Power). It is part of American Electric Power, which focuses on building smarter energy infrastructure and providing new technologies and customized energy solutions. AEP’s approximately 16,700 employees operate and maintain the nation’s largest electric transmission system and more than 224,000 miles of distribution lines to efficiently deliver safe and reliable power to nearly 5.5 million customers in 11 States. AEP is also one of the largest electricity producers in the country with approximately 31,000 megawatts of diversified generation capacity, including 5,900 megawatts of renewable energy.

SOURCE Appalachian Power

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