PSEG Solar Source said on July 23 that it will acquire the ERWR Whitcomb Farm Solar project from juwi solar Inc. (JSI).
The facility, which will now be known as the PSEG Essex Solar Energy Center, has a 25-year power purchase agreement (PPA) with Vermont Electric Power Producers (VEEP), as part of the Vermont Sustainably Priced Energy Enterprise Development (SPEED) program. During JSI’s ownership of the project, it advanced the development work previously performed by Encore Redevelopment, Walden Renewables and Whitcomb-Smith Solar.
The PSEG Essex Solar Energy Center is located about 4 miles northeast of Burlington, Vermont, and has a nameplate capacity of 3.6 MW (dc). The acquisition will increase PSEG’s Solar Source portfolio to 110 MW (dc).
This is PSEG Solar Source’s ninth solar project in eight states, including Arizona, California, Delaware, Florida, New Jersey, Ohio and Texas.
“We are actively working with a number of developers to acquire additional projects to add to our growing portfolio,” said Diana Drysdale, president of PSEG Solar Source.
JSI is the engineering, procurement and construction contractor for the project and will operate the facility for PSEG Solar Source upon completion. Construction is expected to begin in July and will be completed later this year. When completed, the facility will feature approximately 12,000 solar photovoltaic panels on a fixed-tilt racking system.
“JSI is proud to build our first solar energy facility in Vermont,” said Michael Martin, president of JSI.
PSEG Solar Source is a subsidiary of PSEG Power, a merchant power generation company which is part of the Public Service Enterprise Group (PSEG) family of companies.
juwi solar 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 (1 MW and larger) solar energy generation facilities in North America.