new jersey

New Jersey should move to a hybrid solar incentive model to better link project support and consumer benefits, a report has concluded.

A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.

The New Jersey Board of Public Utilities (NJBPU) approved 45 applications that will participate in the first year of its Community Solar Energy Pilot Program. In total, 100% of the approved renewable energy projects will serve low to moderate-income (LMI) households within the state.

174 Power Global has acquired OnForce Solar, a New York-based commercial solar development firm and community solar business. With this acquisition, 174 Power will boost its profile in both the retail energy sector and C&I project development markets.

The news comes the same day as the company reports a loss of US$8.4 million in the third quarter of 2018.

Partners KDC and Ardagh Group wrap up 5.5MW net-metered PV project now set to supply the Bridgeton, NJ glass manufacturing facility.

KDC Solar has completed a 23.5MW PV project that is set to power most of Six Flags Great Adventure theme park in Jackson, New Jersey.

Investment management giant becomes shareholder at CleanCapital months after supporting the latter’s acquisition of a 46.9MW US solar portfolio.

DSM North America held an opening ceremony for a new PV project in Belvidere, New Jersey. The 20.2MW PV project is located on 26.7 hectares of land and is comprised of over 62,000 solar panels.

Advantage Capital has signed off on a $4.1 million investment in Momentum Solar, a residential solar company providing solar design, engineering and installation services across New Jersey, New York and five other states.