The New Jersey Board of Public Utilities (NJBPU) has unveiled formal plans to replace its existing solar support framework with a new incentive programme which will support up to 3.75GW of new solar over the next five years.
New Jersey’s legislator passed two bills yesterday that will increase solar deployment across the state, sending them to the desk of democratic governor Phil Murphy.
Small-scale solar specialist CleanCapital has secured a US$300 million investment from Manulife Investment Management to help grow its asset portfolio.
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.
