NJR Clean Energy Ventures plans US$18 million, 3.6MW solar installation in New Jersey

Facebook
Twitter
LinkedIn
Reddit
Email

NJR Clean Energy Ventures (NJRCEV), a subsidiary of New Jersey Resources (NJR), has closed on a 21-year lease with the Village at Manalapan Solar for 13-acres of land in Manalapan, New Jersey. NJRCEV intends to develop a 3.6MW, US$18 million ground-mounted solar system at the New Jersey site, which will service the wholesale electric market. This is NJRCEV’s first ground-mounted solar installation, which has a completion and in-service date for sometime this fall.

“The investment of a solar system at the Village at Manalapan site is an investment in New Jersey’s economic development, environment and energy future,” said Laurence Downes, chairman and CEO of New Jersey Resources. “As the latest commercial project in our solar pipeline to come to fruition, this installation represents our first ground-mounted system and reflects our role as a leader in the energy marketplace. We will continue to look for new opportunities in the solar market that are consistent with our core energy strategy and benefit our customers, company and state.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The Manalapan project is anticipated to qualify NJRCEV for a 30% federal investment tax credit along with Solar Renewable Energy Certificates for the solar energy produced at the site. The company notes that an additional return on investment will come by the sale of the electricity to the wholesale market.

Read Next

September 17, 2025
US renewables developer Longroad Energy has reached financial close for its 400MW 1000 Mile solar project in the US state of Texas.
September 17, 2025
Spanish renewables developer and operator Acciona Energía has commissioned its 412MWp Juna solar PV plant in Kawani village in the western state of Rajasthan. 
September 17, 2025
Spanish IPP Velto Renewables has acquired a portfolio of 53 operational solar assets in Spain with a combined capacity of 260MW.
September 17, 2025
Struggling Swiss solar manufacturer Meyer Burger has formally entered into a debt moratorium, with the possibility of rescuing the entire group now looking unlikely.
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 17, 2025
Chinese module producer DAS Solar is planning a 5GW manufacturing facility focused on producing high-efficiency back contact cells.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA