Project PJM-AG2-426 — Project Summary

Queue ID
PJM-AG2-426
Capacity
33.5 MW
Technology
Solar+Battery
Status
active
Location
Sussex, VA
Region
PJM
Developer
Waverly Solar 1, LLC
IA Status
System Impact Study

PJM-AG2-426

PJM-AG2-426BetaActiveSolarBatteryPJMLBNL

33.5 MW hybrid in Sussex, VA · In queue since February 2025 · Proposed COD February 2024

BA: PJMISO/RTO: PJMNERC: SERCRC: PJM

33.5 MW

Capacity

1

Components

Solar

1y 5m

In Queue

System Impact Study

IA Phase

COD target: 2024

Interconnection

Total Duration

1y 5m

Schedule

29 months past proposed COD

Study Phase

TC2

Impact Study25%
Queue EntryFeb 18, 2025

Interconnection request submitted to ISO/RTO

System Impact StudyCurrent

PJM processes interconnection requests through multi-phase System Impact Studies (SIS).

Typical: ~48 months (historically longest)

Interconnection Agreement

Interconnection agreement not yet executed

Typical: 30–60 days (negotiation)

Commercial Operation

Proposed COD: 2024-02-29

About

PJM-AG2-426 is a proposed 59 MW hybrid solar and battery project located in Sussex County, Virginia. The project, which consists of 59 MW of solar capacity, is in the PJM interconnection queue as of March 30, 2021, with a proposed commercial operation date of February 29, 2024. The interconnecting utility is Dominion.

The project's interconnection agreement status is listed as "In Progress (unknown study)".

Generated from interconnection queue and public data sources

Development Risk

Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. Powered by InfraSure's development-stage modeling stack.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Withdrawal probability vs cohort
IA cluster risk
Project Details

State

VA

County

Sussex

Grid Region

PJM Interconnection

Market

ISO/RTO Member

Developer

Waverly Solar 1, LLC

Utility

Dominion

Entity

PJM

Service Type

NRIS

Point of Interconnection

Wakefield - Waverly 115 kV

Data Source

LBNL

Risk Analytics

Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

Available on the InfraSure platform

See the full risk decomposition + scenarios for this project.

Climate hazards (8+)
Generation variability (P10/P50/P90)
Offtake + transmission counterparty
Generation Forecast

Forward generation outlook — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

P50 conditioned on COD
Capacity factor vs cohort
Weather + policy scenarios
Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. The bankability view that determines whether the deal clears its covenants once online. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

Revenue conditioned on COD
Financing close risk
Cohort DSCR comparison
Market Context
Approximate
ISO / RTO
PJM
Trading Hub
DOMINION HUB
Hub Confidence
MEDIUM

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

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InfraSure platform

Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.