PSEG Solar to acquire Maryland project from juwi solar

PSEG Solar Source will acquire a 12.9-MW (dc) solar facility near Waldorf, Maryland, from juwi solar Inc. (JSI).

The project has a 20-year power purchase agreement with Southern Maryland Electric Cooperative (SMECO), PSEG Solar noted in a Dec. 22 statement. The facility, to be called the PSEG Waldorf Solar Energy Center, is located 22 miles southeast of Washington, DC. The acquisition will increase the capacity of PSEG Solar Source’s portfolio to 123 MW (dc). 

“With this, our eleventh utility scale solar facility, we are pleased to be providing safe, clean reliable energy to the residents of southernMaryland,” said Diana Drysdale, president of PSEG Solar Source.  “We now have 10 plants in operation and one plant in construction across nine states and are continuing to focus our efforts on expanding our solar portfolio across the country.”

JSI is the engineering, procurement and construction contractor for the project and will operate the project for PSEG Solar Source upon completion. Construction is expected to begin in early 2015, with the facility going into service before June 2015. The facility will use approximately 40,000 315-watt solar panels.    

“We are pleased to work together with PSEG to realize another solar power plant on the East Coast,” said Mike Martin, JSI’s President and CEO. “Our plan is to break ground before the end of the year, and we look forward to bringing on-line a generation facility that will provide cost-effective solar power to SMECO.”

PSEG Solar Source is a subsidiary of PSEG Power, a merchant power generation company which is part of the Public Service Enterprise Group (NYSE: PEG) family of companies. 

juwi solar 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 (1 MW and larger) solar energy generation facilities inNorth America. To date JSI has built large-scale solar projects in Arizona, Delaware, Florida, Nevada, New Jersey, North Carolina, Ohio, Texas and Vermont, totaling more than 100 MW of operating capacity.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.