The NJ Board of Public Utilities received 300+ applications for the Community Solar Energy Program, totaling 300 MW. This permanent program builds on a successful pilot, emphasizing equity. Projects must serve 51% low- to moderate-income subscribers, offering a guaranteed 15% bill credit. Initial capacity for Public Service Electric & Gas reached full allocation. Other service territories reopen on December 12.
NJ’s community solar program surges with 300 MW applications
The CSEP allows community solar projects, up to 5 MW, on rooftops, carports, canopies, impervious surfaces, contaminated sites, landfills, and specific bodies of water. Illustration from Pexels.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)