PSEG acquires 15-MW Delaware solar project

PSEG Solar Source said it has completed the acquisition of a 15 MW solar project in Milford, Delaware, from juwi solar Inc. (JSI). It will be the largest solar farm in Delaware upon completion.

The project has a power purchase agreement for energy and solar renewable energy credits with Delaware Municipal Electric Corporation (DMEC). The project will be owned by PSEG Solar Source, a unit of Public Service Enterprise Group (NYSE: PEG).

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 by October.

The $50m Milford Solar Farm will be located on 80 acres of land in Kent County, Delaware and will create approximately 100 jobs during construction.

“Through the innovative partnership between DEMEC, the Town of Milford, and PSEG, the Milford Solar Farm joins more than 30 MW of other solar installations in Delaware, making our state a national leader in solar deployment per capita,” Gov. Jack Markell said in a statement.

This is the fifth solar project built by JSI for PSEG Solar Source. It currently owns:

The PSEG Queen Creek Solar Farm, a 25 MW solar farm in Queen Creek Arizona; the PSEG Wyandot Solar Farm, a 12 MW DC solar farm in Wyandot, Ohio. At completion it was the largest solar farm in Ohio; PSEG Jacksonville Solar Farm, a 15 MW solar farm on 100 acres in Jacksonville, Florida, at completion it was the second largest solar farm in Florida; and the PSEG Mars Solar Garden, a 2.2 MW facility located adjacent to the Mars Snackfood’s U.S. headquarters in New Jersey.

PSEG Solar Source LLC is a wholly owned subsidiary of PSEG Global. It was formed to develop, construct, own and operate large-scale solar facilities outside of the PSE&G’s regulated service area.

juwi solar Inc. (JSI) is a privately-held solar energy generation company based in Boulder, Colo. 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.