News

You are here

PSEG Seeks to Invest up to $883 Million in New Jersey Solar

Reuters

A unit of New Jersey power company Public Service Enterprise Group Inc said on Tuesday it would ask the state's regulators for approval to invest up to $883 million for an expansion of the utility's solar power programs.

The additional funds will allow the solar programs to develop an extra 233 megawatts (MW) of solar capacity, the company said in a release.

"When added to the company's existing $700 million commitment to solar energy, (PSEG) will have added about 395 MW of solar capacity in (New Jersey)," Caroline Dorsa, PSEG executive vice president and chief financial officer, said on the company's second-quarter earnings call.

Read the full story from Reuters

Related News

Sign up for the latest alerts

Get emails from SEIA and be the first to know about solar news and issues in your state.

Or, sign up for our press list.

Related Content

Contact Information

To schedule an interview with one of SEIA's spokespeople, please contact:

  • Ken Johnson, Vice President of Communications at 202.556.2885

Sign up for our press list.

Solar Update

Solar Generation