PSEG Solar Source buys 6.6-MW solar project from BayWa r.e.
Written By: Stratton Report
November 21, 2016
On November 21, PSEG Solar Source announced it bought a 6.6-MW DC solar project from BayWa r.e. Solar Projects. According to PSEG Solar Source, it invested $12.2 million.
The PSEG Hemlock Solar Energy Center has a 15-year PPA with Virginia Electric and Power Co.
The PSEG Hemlock Solar Energy Center is under construction and scheduled to begin operations later this year.
The facility occupies 48 acres that are under a 35-year lease with a private landowner.
Diana Drysdale, president of PSEG Solar Source noted: “We are very pleased to team up with BayWa r.e. on this project, which will bring more clean energy resources to North Carolina. This acquisition represents another milestone in growing our business and illustrates PSEG’s commitment to providing a sustainable energy future.”
“We are very pleased to team up with BayWa r.e. on this project, which will bring more clean energy resources to North Carolina. This acquisition represents another milestone in growing our business and illustrates PSEG’s commitment to providing a sustainable energy future.”
BayWa r.e. is the EPC contractor and will operate the project for PSEG Solar Source upon completion. The facility will use approximately 20,500 poly-crystalline Trina Solar panels with SMA inverters.
Jam Attari, CEO of BayWa r.e. Solar Projects observed: “BayWa r.e. is excited to have partnered with PSEG in the continuing transformation to a greener and lower cost grid. This world class facility could not have been completed without the tireless support and involvement from the Northhampton County community and our partners.”
According to the firm, PSEG Solar Source now has 20 utility-scale projects in 13 states. The company currently has 215-MWs DC in operation with another 135-MWs DC in construction and on schedule to be operational by the end of the year.
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.