PSEG Solar Source enters Texas
PSEG Solar Source, part of Public Service Energy Group (PSEG), will acquire a 13MW (DC) solar PV facility near El Paso, Texas, from juwi solar (JSI) for $22m.
JSI is the project’s engineering, procurement and construction contractor, and will operate and maintain it upon completion in the fourth quarter.
The PSEG El Paso Solar Energy Center will sell all power to El Paso Electric Company under a 30-year agreement.
"We are actively evaluating solar projects throughout North America and are pleased to be making our first solar investment in Texas," says Diana Drysdale, president of New Jersey-based PSEG Solar Source.
The deal increases the company’s solar generation capacity to 106MW (DC) among eight projects in seven states: Arizona, California, Delaware, Florida, New Jersey, Ohio and Texas.