PSEG Queen Creek Solar Farm Dedicated PSEG Solar Source president hopeful for more Arizona projects

QUEEN CREEK, Ariz., Nov. 14, 2012 /PRNewswire/ -- PSEG Solar Source, The Salt River Project (SRP), and juwi solar Inc. (JSI), today dedicated the PSEG Queen Creek Solar Farm, in Queen Creek, Arizona. Joining representatives from the companies were Queen Creek Mayor Gail Barney as well as other local officials and business leaders. 

(Logo: http://photos.prnewswire.com/prnh/20120830/MM62627LOGO)

The PSEG Queen Creek Solar farm is a 25 megawatt DC (19 megawatt AC) plant, containing approximately 90,000 crystalline solar panels and 48, 400kW solar inverters. The panels are mounted on single axis tracking systems that allow the panels to follow the sun across the sky and maximize the amount of electricity generated by each panel. Each of the 48 inverters has six, 67kW extractable modules with a customized configuration enabling maximum energy harvesting. The solar power generated by the project offsets approximately 21,000 metric tons of CO2 emissions each year, the equivalent of taking approximately 4,100 cars off the road.  The PSEG Queen Creek Solar Farm is located on 148 acres of land approximately 30 miles southeast of Phoenix and will produce an amount of energy equal to that needed to serve about 3,300 SRP residential customers. 

The project is owned by Newark, NJ-based PSEG Solar Source. juwi solar developed the project, served as EPC contractor and manages the day-to-day operation of the plant. SRP has entered into a 20-year agreement to buy the power from the plant.  Phoenix-based Power-One supplied and tested the inverters, which convert electricity from direct current or DC (which is produced by solar panels), to alternating current or AC (as it is used in homes and businesses).

Speaking at the event, Diana Drysdale, president of PSEG Solar Source, said the company was pleased with the support the project had received in Arizona and was hopeful that this would not be the last dedication of a solar facility in Arizona for her company. 

Speakers at the dedication included Ralph Izzo, chairman, president and CEO of PSEG (parent company of PSEG Solar Source); Diana Drysdale, president, PSEG Solar Source; Mayor Barney; David Rousseau, president of SRP; Steve Ihnot, CFO of JSI; and Dave Wojociechowski, vice president of renewable energy sales for North America at Power-One. 

Izzo thanked all involved with the project, and noted, "PSEG has been pushing the frontiers of solar in New Jersey, through our regulated utility, PSE&G, and outside NJ through PSEG Solar Source.  Our utility has 22 solar projects as well as the largest pole-attached solar program in the world.  PSEG Solar Source owns the largest solar farm in Ohio, the second largest solar farm in Florida and is building what will be the largest solar farm in Delaware. The Queen Creek Farm is a wonderful addition to our fleet." 

"Queen Creek Solar not only allows SRP to provide our customers with clean, green energy, but it can be done efficiently, close to our load and with virtually no water," said SRP President David Rousseau.

The SRP Board has set a goal to meet 20 percent of SRP's retail electricity requirements through sustainable resources by the year 2020.  Currently, SRP meets about 10 percent of its retail energy needs with sustainable resources including wind, solar and geothermal energy, hydro power and conservation and energy-efficiency measures. 

"As a global leader in solar and wind inverters, we support our global customers and local markets; we welcome the opportunity to team with industry leaders like juwi, PSEG Solar Source and SRP to support the community, the environment and the renewable energy initiative," said Dave Wojociechowski, vice president of renewable energy sales for North America at Power-One. "Our products, manufactured in Phoenix, are designed to save energy by providing more usable energy output power and by generating less wasted heat.  This contributes to an efficient and powerful renewable energy system."

About PSEG:
PSEG Solar Source is a subsidiary of Public Service Enterprise Group (PSEG) (NYSE: PEG) a publicly-traded diversified energy company with annual revenues of more than $11 billion. Other subsidiaries include Public Service Electric and Gas Company (PSE&G), a regulated NJ gas and electric utility and PSEG Power, a merchant power generation company. PSEG Solar Source owns or is constructing 69.2 MW of solar power. PSE&G is also active in solar energy. It currently owns 71MW of solar in New Jersey through its Solar 4 All™ program, consisting of 22 solar farms and more than 150,000 pole-attached solar units. Disclaimer: PSEG Solar Source LLC is not the same company as PSE&G, the New Jersey based electric and gas utility. PSEG Solar Source is not regulated by the New Jersey Board of Public Utilities. You do not have to purchase any PSEG Solar Source products in order to receive quality regulated services from PSE&G.

Want to know what's new at PSEG? Go to www.pseg.com/getnews and sign up to have our press releases sent right to your inbox. 

About SRP:
SRP is the third-largest public power utility in the nation, serving nearly 950,000 electric customers in the greater Phoenix metropolitan area. It is the largest provider of electricity to the greater Phoenix metropolitan area, serving customers in Maricopa and Pinal counties.

About juwi solar Inc.:
juwi solar Inc. (JSI) is a privately-held solar energy generation company based in Boulder, Colorado. JSI's primary business is the development, design, construction, operation and maintenance of utility-scale (1MW and larger) solar energy generation facilities in North America. To date JSI has  built large-scale solar projects in Arizona, Florida, Nevada, New Jersey, North Carolina, Ohio and Texas and is developing and building projects in many other markets in the Unites States. JSI is majority-owned by juwi Holding AG of Germany. With over 600 employees worldwide, juwi's solar group has built more than 1,500 solar photovoltaic installations globally, totaling more than 1GW of operating capacity.  

SOURCE PSEG Solar Source



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