Newark, N.J., September 24, 2012 – PSEG Solar Source completed the acquisition of a 15 MW DC (12 MW AC) solar project in Milford, Delaware, from juwi solar Inc.
Under separate agreements, JSI will engineer, procure and oversee construction of the facility as well as perform operation and maintenance services for the project. Construction of the project will begin this month.
The project has a power purchase agreement for energy and solar renewable energy credits with Delaware Municipal Electric Corp. The project will be owned by PSEG Solar Source, a unit of PSEG, a diversified energy company based in New Jersey. Upon completion, the PSEG Milford Solar Farm will be largest solar farm in the state of Delaware.
The PSEG Milford Solar Farm is expected to be completed in the 4th quarter of 2012. The $50 million project will be located on 80 acres of land in Kent County, Delaware and will create about 100 jobs during construction.
This is the fifth solar project built by JSI for PSEG Solar Source. It currently owns:
· The PSEG Queen Creek Solar Farm – a 25.0 MW DC solar farm in Queen Creek Arizona
· The PSEG Wyandot Solar Farm – a 12.0 MW DC solar farm in Wyandot, Ohio. At completion it was the largest solar farm in Ohio
· PSEG Jacksonville Solar Farm – a 15.0 MW DC solar farm on 100 acres in Jacksonville, Florida, at completion it was the second largest solar farm in Florida
· The PSEG Mars Solar Garden – a 2.2 MW DC facility located adjacent to the Mars Snackfood’s U.S. headquarters in New Jersey