PSEG Solar Source, a subsidiary of Public Service Enterprise Group, has completed the acquisition of the Queen Creek solar farm, a 25.2 MW solar project developed by juwi solar Inc.
Construction is expected to begin this month and be completed in the third quarter. The project, which will be located on 158 acres of land approximately 30 miles southeast of Phoenix, will use crystalline PV modules and a single-axis tracking system. PSEG Solar Source paid approximately $75 million for the project.
In September 2011, the Salt River Project Agricultural Improvement and Power District entered into a long-term power purchase agreement to acquire all of the solar energy generated by the project for 20 years. Under separate agreements, juwi solar Inc. will engineer, procure and construct the facility, as well as perform operation and maintenance services for the project.
