The PSEG Solar Source unit of Public Service Enterprise Group (NYSE: PEG) announced Nov. 4 that it has acquired a 16.8 MW (dc) solar facility in North Carolina from Ecoplexus Inc.
The PSEG Turkey Creek Solar Energy Center is located in Northampton County, N.C. about 95 miles northeast of Raleigh. It has a power purchase agreement with Virginia Electric and Power. It sits on approximately 75 acres under a 35-year lease with a private landowner.
Ecoplexus is the engineering, procurement and construction contractor and will operate the project for PSEG Solar Source upon completion. Construction is underway and commercial operations are expected to begin later this year. The facility will use approximately 50,000 mono-crystalline Trina Solar panels with Power Electronics inverters.
This is the second project in which PSEG Solar Source and Ecoplexus have been partners. The two companies collaborated on the PSEG Meadows Solar Center in Martin County, N.C. which went on-line in June.
“We are delighted to work with a top-flight developer like Ecoplexus as we continue to grow our business and expand our solar portfolio across the country,” said Diana Drysdale, President of PSEG Solar Source. “This purchase is another example of PSEG’s commitment to providing a sustainable energy future.”
“Ecoplexus is very pleased to build upon its successful partnership with PSEG in bringing new clean energy online for the state of North Carolina,” said John Gorman, CEO of Ecoplexus. “The Turkey Creek project will create approximately 185 construction jobs in addition to adding to the tax base of Northhampton County community.”
PSEG Solar Source now has 19 utility-scale projects in 13 states. The company currently has 215 MW (dc) in operation with another 128 MW (dc) in construction and on schedule to be operational by the end of the year.
Ecoplexus has developed and completed 67 projects totaling more than 200 MW across California, North Carolina, Colorado, Georgia and Japan.
PSEG Solar Source is a subsidiary of PSEG Power, a merchant power generation company which is part of the Public Service Enterprise Group family of companies.
Ecoplexus develops and operates utility scale solar PV projects for the wholesale and retail market in the U.S., and internationally. The company has constructed and financed over sixty projects to date, representing approximately $350 million in project value. With a large construction and development pipeline of over 1 GW in the U.S., Japan, Latin America and Turkey, representing over $750 million in project value, Ecoplexus is actively developing or buying renewable energy assets at every stage.