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.