PSEG To Develop 30-MW of Solar PV Projects

PSEG Solar Source this week completed the acquisition of two utility-scale solar projects to be located in Florida and Ohio from juwi solar Inc. and announced that it has is developing a third project in New Jersey, all of which have a total capacity of close to 30 megawatts. The projects will all be completed by the end of 2010.

Under an agreement, juwi solar Inc. will provide the engineering, procurement, construction, and initial operation and maintenance services for the projects, which will be owned by PSEG Solar Source, a subsidiary of PSEG Global.

The first project is the Mars Solar Garden, a 2.2-MW facility located on 18 acres adjacent to Mars Snackfood’s U.S. headquarters in Western New Jersey. It is targeted for completion in 2009. Mars Snackfood has contracted for the output of the system.

The second system is a 15-MW solar farm on 100 acres in Jacksonville, Florida expected to begin construction shortly and targeted to begin commercial operation in the summer of 2010. JEA, a Jacksonville municipal utility, has contracted for the output of the system and the renewable energy credits.

The last system is a 12-MW solar farm on 80 acres in Wyandot, Ohio, targeted to begin construction by the end of the year and to begin commercial operation in 2010. AEP Ohio has contracted for the output of the system and the renewable energy credits.

All three projects utilize thin film panels provided by First Solar and will be ground-mounted. The projects together will include 380,000 solar panels and represent approximately a US $100 million investment by PSEG Solar Source.

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