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.
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.
A range of diverse projects both regionally and in scale have been announced, which includes a 23.5MW PV project in New Jersey, 1.5MW of rooftop projects in London, UK and a total of 98MW in Binh Thuan and Long An Provinces, Vietnam.
Just over a month ago, the New Jersey State Legislature passed a trio of clean energy bills focusing on sweeping Renewable Portfolio Standard (RPS) increases but progress has halted at the Governor's door.
Whilst this claim that 'solar is for the rich' has previously never been supported by any data-based analysis, a new report by GTM Research and PowerScout could suggest that there may be some truth in this.