North Coast Solar Stocks

September 23, 2009

Energy co PSEG to develop 30 MW in solar projects

Filed under: FSLR, PEG — Tags: , , , , — Jason @ 5:41 pm

Wed Sep 23, 2009 5:41pm EDT

* PSEG solar unit to work with juwi solar Inc on projects

* Three U.S. projects total almost 30 megawatts

* Represents about $100-million investment

LOS ANGELES, Sept 23 (Reuters) – Energy company Public Service Enterprise Group (PEG) said its solar unit will develop nearly 30 megawatts of solar power projects with juwi solar Inc, representing an investment of about $100 million.

The three U.S. projects are located in Florida, Ohio and New Jersey and will use First Solar Inc’s (FSLR) thin-film panels. They are expected to be finished in 2010.

Under the deal, juwi solar will construct and maintain all the projects while PSEG Solar Source will own them.

Separately, PSEG is developing a 350 MW wind project off the coast of New Jersey.

Based in Boulder, Colorado, juwi solar is a unit of Germany’s juwi Holding AG.


Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Blog at

%d bloggers like this: