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Public Service Enterprise Group's (PEG) solar power unit said Wednesday it bought two solar farms from Juwi Solar Inc. in Ohio and Florida and has hired the company to build a third solar facility in New Jersey.

All three projects are expected to be completed by the end of 2010, said PSEG Solar Source of Newark, N.J. They include a 15-megawatt solar farm in Jacksonville, Fla., a 12-megawatt solar farm in Wyandot, Ohio, and a 2.2-megawatt solar facility in Hackettstown, N.J. The projects will use thin-film solar panels made by First Solar Inc. (FSLR) of Tempe, Ariz., that will be mounted to the ground.

American Electric Power Co. Inc. (AEP) unit AEP Ohio has contracted for the output from the Ohio solar facility and municipal utility JEA has agreed to purchase the output from the Florida plant, PSEG said. Mars Inc. unit Mars Snackfood has contracted for the output from the New Jersey plant, which will be located near its corporate headquarters.

Juwi Solar will build the solar farms and initially operate and maintain them, PSEG said.

-By Cassandra Sweet, Dow Jones Newswires; 415-439-6468; cassandra.sweet@dowjones.com

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