Sunrise brief: Utility PSEG sells its solar energy portfolio – pv magazine USA

Also on the rise: Rooftop solar enters service at a Ford Motor research center, RAI Energy signs a 20-year PPA for 100 MW of solar energy, and Go Solar Group enters New Mexico’s residential market.

May 5, 2021

Public Service Enterprise Group Inc. is selling its 467 MW Solar Source portfolio to Quattro Solar, a unit of LS Power. The sale includes 25 solar facilities and related assets and liabilities. Financial terms were not disclosed.

The New Jersey-based utility said the sale is part of its transformation into a primarily regulated utility. It said it will continue to seek regional opportunities in offshore wind projects. The transaction is expected to close in the second or third quarter.

The portfolio was developed between 2009 and December 2019. The largest-capacity project is the 62.7 Pavant II Solar Energy Center in Utah. It entered service in 2016 and delivers energy to PacifiCorp. One of its oldest projects is the 2.2 MW Mars Hackettstown solar garden in New Jersey, which entered service in 2009 and serves a facility that makes M&M’s candy.

The portfolio includes solar projects in Arizona, California, Colorado, Delaware, Florida, Maryland, New Jersey, New York, North Carolina, Ohio, Oregon, Texas, Utah, and Vermont.

Rooftop solar for Ford

DTE Energy commissioned a new solar array at the Ford Research & Engineering Center in Dearborn, Michigan. The 2,159-panel array is on the rooftop level of a parking structure and includes a battery storage system and will be used to power electric vehicle chargers. The solar array can generate 1,127 MWh of energy.

In 2019, Ford became the first corporate customer to enroll in DTE’s MIGreenPower voluntary renewable energy program. Through the program, Ford is buying 525,000 MWh annually of wind energy from DTE’s Isabella and Fairbanks wind parks.

100 MW community solar commitment

San Diego Community Power (SDCP), a not-for-profit community choice energy program, entered into a 20-year power purchase agreement with an affiliate of RAI Energy International for a 100 MW photovoltaic solar energy project and up to 150 MW/600 MWh of battery energy storage.

San Diego Community Power was formed in 2019 and launched electricity supply services in April 2021 for municipal customers in the five-member cities of Chula Vista, Encinitas, Imperial Beach, La Mesa, and San Diego.

Under terms of the PPA, RAI Energy’s Vikings Energy Farm project will help SDCP power the equivalent of 50,000 homes. RAI Energy affiliate Vikings Energy Farm LLC, will develop, design, permit, construct, own, and operate the project. Construction is expected to begin in the fall of 2022, with commercial operations expected to begin in the summer of 2023.

RAI Energy has developed more than 400 MW of utility-scale and distributed generation solar PV in North America and overseas. In has a portfolio of 500 MW of solar and 750 MW of energy storage projects in Arizona, California, and Texas.

Go Solar Group enters New Mexico

Salt Lake City-based residential solar company Go Solar Group said it is entering New Mexico’s residential solar market.
Founded as a humanitarian venture, Go Solar Group finances a home solar array for a family in Uganda each time it installs a solar array in the U.S. Since the company’s founding, Go Solar Group has been able to build a solar-powered school.

Titan Solar Power will serve as the group’s installation partner in the Albuquerque-Santa Fe metropolitan areas. Go Solar said a typical residential solar array costs $2.70 per watt.

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Source: https://pv-magazine-usa.com/2021/05/05/sunrise-brief-utility-pseg-sells-its-solar-energy-portfolio/

May 5, 2021 susan ward