PSEG Acquires Two Power Plants from Canadian Solar

New Solar Installations Will be Nestled within California’s Famous Shasta Mountains

(NEWARK, New Jersey – December 23, 2013) Canadian Solar Inc. (NASDAQ: CSIQ), one of the world’s largest solar power companies and PSEG (NYSE: PEG)  today announced that Canadian Solar’s  subsidiary, CSI Holdco LLC sold  two utility-scale solar power plants totaling 4.4 MW DC (3 MW AC) to PSEG subsidiary, PSEG Solar Source.  The plants have a 20-year off taking agreement with PG&E.

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Categories: Enviro/Energy/Engineering Industry Network

Author:NJ Tech Council

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