Breaking News

Dollar General Reaffirms Commitment to Buying Family Dollar
Tweet TWEET

PSEG Queen Creek Solar Farm Dedicated

                    PSEG Queen Creek Solar Farm Dedicated

PSEG Solar Source president hopeful for more Arizona projects

PR Newswire

QUEEN CREEK, Ariz., Nov. 14, 2012

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 CO[2 ]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

Contact: For PSEG, Paul Rosengren, +1-201-417-8825, paul.rosengren@pseg.com;
For SRP, Patty Garcia-Likens, +1-602-236-2500, Patty.Likens@srpnet.com; For
juwi solar Inc., Jen Schwager, +1-720-838-2295, jschwager@juwisolar.com
 
Press spacebar to pause and continue. Press esc to stop.