Friday, January 13, 2012

$3M/MW purchase price for AZ solar farm

North America

Juwi sells 25 MW solar park in Arizona and 1 MW installation in the Czech Republic

12.01.2012: German renewable energy project developer Juwi Holding AG announced that its US subsidiary Juwi Solar Inc. has sold a 25 MW (DC) solar project in Arizona to US solar power plant operator PSEG Solar Source LLC for approximately $75 million. Under separate agreements, Juwi Solar will provide engineering, procurement and construction (EPC) services as well as perform operation and maintenance services for the solar park. Construction of the solar park is scheduled to being this month, with a completion date set for the third quarter of 2012. The solar park will benefit from a 20-year power purchase agreement with Arizona utility Salt River Project Agricultural Improvement and Power District. Juwi Solar has already developed three solar parks for PSEG: a 12 MW (DC) solar park in Ohio, a 15 MW (DC) park in Florida and a 2.2 MW (DC) installation in New Jersey. In a separate release, Juwi Group announced that it sold a 1 MW solar installation in the Czech Republic to the Czech investor Jiri Almost, with the participation of the Czech bank LBBW. The installation, which was connected to the grid in Dec. 2009, relies on 14,200 First Solar thin-film modules and two SMI inverters. … Source: Juwi Holding AG; Summary: PHOTON

http://www.juwi.com/press_events/press/detail/usa_pseg_solar_source_pu
rchases_252_mw_solar_project_in_arizona_from_juwi.html

http://www.juwi.com/press_events/press/detail/juwi_sells_solar_park_in
_the_czech_republic.html

The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/59213.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

No comments: