$60 million

March 22, 2016 | Number of The Day
Cost of PSEG’s most recent solar acquisition

PSEG is investing in solar in a big way, whether or not it’s using that power in the metropolitan area. The most recent investment is a $60 million 37.8-megawatt solar facility in Denver that will span 300 acres in Las Animas County, CO (165 miles south of Denver).

This brings PSEG’s investment in solar to 17 utility-scale facilities in 12 states, totaling 315 megawatts. The largest in New Jersey is in Hackettstown, which delivers 2.2 megawatts. The New Jersey company sells the solar power to utilities located near these facilities.