PSEG Acquires Two Power Plants From Canadian Solar

Posted by SI Staff on December 23, 2013 No Comments
Categories : Projects & Contracts

Canadian Solar Inc.'s CSI Holdco LLC has sold two utility-scale solar power plant projects in Shasta County, Calif., totaling 4.4 MW, to PSEG Solar Source. The plants have a 20-year off-taking agreement with New Jersey-based utility Public Service Electric & Gas Co. (PSE&G), the parent company of PSEG Solar Source.

The solar installations, together called the PSEG Shasta Solar Farm, are being built by Blue Oak Energy, which will also provide operations and maintenance services after completion. Ignite Solar, a Texas-based PV development company, was the initial developer of what was originally called the Fall River Mills project. The PSEG Shasta Solar Farm is expected to include approximately 14,592 Canadian Solar CS6X modules.

This is the first West Coast project for PSEG Solar Source, which develops, constructs, owns and operates utility-scale solar projects.

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