PSEG Solar Source invests $20M-$25M in deal for L.I. facility

By Lynda Cohen
Newark | Sep 28, 2017 at 12:12 pm

PSEG Solar Source has acquired a 10.6 MWs-dc facility located in West Babylon, Long Island.

The Newark-based subsidiary of PSEG Power takes over the facility from Solar Liberty Energy Systems Inc., at an investment of $20 million to $25 million.

Construction is complete at the PSEG West Babylon Solar Center, which is expected to begin commercial operation in October.

“We are pleased to add New York to the growing number of states where PSEG Solar Source has a presence,” said PSEG Solar Source President Diana Drysdale. “While this is our first project in New York, we are certainly open to exploring additional utility-scale solar opportunities in the Empire State. We look forward to working closely with the local community as we produce safe, clean and reliable solar energy for Long Island.”

The facility includes almost 35,000 solar panels installed on a fixed-tilt racking system. The project has 20-year power purchase agreements with the Long Island Power Authority. Solar Liberty of New York developed and constructed the project and will operate the facility for PSEG Solar Source.

“We want to thank the local officials and community leaders in West Babylon who have helped every step of the way toward making this project a success,” Solar Liberty President Adam K. Rizzo said. “New York has made a commitment to increasing clean energy and we are proud that this facility will play a part in fulfilling that commitment here on Long Island.”

PSEG Solar Source’s portfolio now includes 22 utility-scale solar facilities in 14 states. The company currently has 19 facilities with a total capacity of 349 MWs in operation with three projects totaling 58 MWs under construction.