PSEG Solar Source and juwi solar Announce Three Large-Scale Solar Projects
September 23 2009 - 2:41PM
PR Newswire (US)
Projects totaling 29.2 MW to be completed by end of 2010 NEWARK,
N.J., Sept. 23 /PRNewswire-FirstCall/ -- PSEG Solar Source today
completed the acquisition from juwi solar Inc., of two
utility-scale solar projects to be located in Florida and Ohio and
announced that it has developed a third solar project located 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 three projects are: -- The
Mars Solar Garden, a 2.2 MW DC (direct current) 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. -- A 15.0 MW DC 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. -- A 12.0 MW DC 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 $100 million investment by
PSEG Solar Source. "PSEG Solar Source is pleased to have
established a relationship with juwi solar on these projects," said
Diana Drysdale, who heads PSEG Global's solar business. "PSEG Solar
Source will continue to seek opportunities throughout the U.S. to
help address climate change and help states meet their solar and
renewable targets." "The sale of these Florida and Ohio projects
and the construction of the Mars Solar Garden were the result of
hard work by the juwi solar and PSEG Solar Source teams, as well as
the various utilities, local communities and state agencies," said
Michael Martin, managing director of juwi solar Inc. "We look
forward to the timely completion of these projects and to the
continued growth of utility-scale solar energy across North
America." PSEG has been active in promoting renewable energy. PSEG
Global is developing a 350 MW wind farm off the coast of New Jersey
and is developing compressed air energy storage through its
partnership in Energy Storage & Power (ES&P). In addition,
PSEG's regulated gas and electric utility in New Jersey, PSE&G,
has launched two solar initiatives a $105 million solar loan
program and an 80 MW Solar4All program that involves attaching
solar panels to 200,000 utility poles. About PSEG: Public Service
Enterprise Group (PSEG) (NYSE:PEG) is a publicly traded diversified
energy company with annual revenues of more than $13 billion, and
three principal subsidiaries: PSEG Power, PSEG Energy Holdings, and
Public Service Electric and Gas Company (PSE&G). PSEG Energy
Holdings has two main unregulated energy-related businesses: PSEG
Global and PSEG Resources. PSEG Solar Source LLC is a wholly owned
subsidiary of PSEG Global, formed to develop, construct, own and
operate large-scale solar facilities outside of the PSE&G's
regulated service area. Disclaimer: PSEG Solar Source LLC is not
the same company as PSE&G, the New Jersey based electric and
gas utility. PSEG Solar Source is not regulated by the New Jersey
Board of Public Utilities. You do not have to purchase any PSEG
Solar Source products in order to receive quality regulated
services from PSE&G. About juwi solar Inc. Juwi solar Inc.
(JSI) is a privately-held solar energy generation company based in
Boulder, Colorado. JSI's primary business is the development,
design, construction, operation and maintenance of utility-scale
(1MW and larger) solar energy generation facilities in North
America. Want to know what's new at PSEG? Go to
http://www.pseg.com/getnews and sign up to have our press releases
and weekly environmental commentaries sent right to your inbox.
DATASOURCE: Public Service Enterprise Group (PSEG) CONTACT: Paul
Rosengren, +1-973-430-5911 Web Site: http://www.pseg.com/
Copyright