PSEG Solar Source Breaks into Texas Market with 13 MW Solar Farm from Juwi Solar

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PSEG Solar Source announces the acquisition of a 13 MW solar facility near El Paso, Texas. Juwi Solar will construct and operate the facility upon completion. This acquisition brings PSEG’s total solar portfolio to 106 MW.

With its clear skies and open land, Texas has become a hotspot for solar. PSEG Solar Source has caught wind of this and has announced that it will acquire a 13 MW solar facility near El Paso from Juwi Solar. The project was originally developed by Juwi and has a 30-year power purchase agreement with El Paso Electric Company, which has been expanding its solar portfolio to become coal-free by 2016.

The plant, to be called the PSEG El Paso Solar Energy Center, is located 14 miles north of El Paso, adjacent to the existing El Paso Electric Newman Generating Station. The $22 million acquisition will increase PSEG’s portfolio capacity to 106 MW.

“We are actively evaluating solar projects throughout North America and are pleased to be making our first solar investment in Texas,” said Diana Drysdale, president of PSEG Solar Source. “In addition to continuing our expansion into more states, this project will increase our solar capacity to more than 100 megawatts, which is a great milestone as we build our business.”

Juwi is the engineering, procurement, and construction contractor for the project and will operate the project for PSEG upon completion. Construction has already begun and is expected to be completed by year’s end. The project will use JA solar panels.

“We are pleased to be back in Texas and building another solar project,” said Mike Martin, JSI’s President and CEO. “This project makes sense economically and environmentally, and we are encouraged that well-established companies like PSEG Solar Source and El Paso Electric continue to dedicate significant resources and efforts to the renewable energy industry.”

This is the eighth solar project in seven states for PSEG, which also has projects in California, Arizona, Delaware, Ohio, Florida, and New Jersey.