PSEG Solar Source acquires 10.5MW PV project from Obsidian Renewables

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The 10.5MW PV project is expected to be completed in late 2016. Image: PSEG

PSEG Solar Source announced Wednesday that it has acquired a 10.5MW PV project from Obsidian Renewables for an investment of US$21 million.

The installation, which will be called the PSEG Lake County Solar Energy Center, is located in Lake County, Oregon. The PSEG Lake County Solar Energy Center has a 20-year power purchase agreement with PacificCorp — a subsidiary of Berkshire Hathaway Energy. It sits on 26 hectares of land under a 35-year lease with a private landowner.

Diana Drysdale, president of PSEG Solar Source, said: “We are pleased to partner with Obsidian Renewables and Swinerton Builders on this project which expands our solar footprint to include Oregon where we will deliver enough clean, reliable energy to power about 2,000 Oregon homes. This acquisition is another example of PSEG's Solar Source's commitment to growing our renewable energy business.”

Swinerton Builders served as the engineering, procurement and construction (EPC) contractor and will operate the project for PSEG Solar Source once it is completed. Construction has already started on the project, with commercial operations expected for late 2016. The project will be comprised of 32,000 SolarWorld mono-crystalline panels with SMA inverters.

Read Next

April 6, 2021
SunPower is to allow Maxeon Solar to the Performance Series (P Series) p-type mono-Passivated Emitter Rear Cell (PERC) shingled PV modules into the US market as part of a major change to initial manufacturing agreements.
January 15, 2021
Oil and gas company partners with solar and energy storage developer to accelerate transition in US energy market.
August 5, 2020
A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.
July 23, 2020
A round-up of recent news from the US, where Recurrent Energy moves closer to completing two Texas projects and major corporations call on Congress to pass measures to bolster green energy growth.
February 14, 2020
Portland General Electric (PGE) and Avangrid Renewables have signed off on an agreement to purchase power from a new 162MW PV installation that will be developed and built in eastern Oregon.
October 29, 2019
SunPower building 35MW project to supply Chevron's Lost Hills Oil Field, Assam tenders for 25MW solar project, Constant Energy partners Sodexo Thailand.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021
Upcoming Webinars
April 28, 2021
4:00 - 4:30 PM CET