NJ Solar News

New Jersey Solar Lease Options

Solar leasing is a relatively new method of obtaining the benefits of off-grid power generation without the large and, in many cases, prohibitive initial investment. Purchasing and installing a new residential solar system can easily require a five-figure investment. Even with federal and state tax incentives and rebate offers, laying out that type of up-front […]

Top Solar Companies in New Jersey

Environmentalists are always telling everyone to recycle and do everything to reduce their carbon foot prints. Using solar panels is a great way to go green in NJ but the cost of a solar panel system can be astronomical. A growing popular solution for many people are solar leases. Solar leases allow homeowners to obtain […]

What Are Solar Energy Credits and How Do They Work In New Jersey?

Only a small percentage of the buildings eligible for NJ solar systems installation are taking advantage of the significant savings with New Jersey solar systems through the use of Solar Renewable Energy Certificates (SRECs). What is the SREC Registration Program? NJ solar systems applicants start by registering their intent by using the SREC Registration Program […]

Top 5 Ways to Lower Electric Bills in New Jersey

Solar power can reduce the cost of heating your home and your hot water. The sun is full of free energy power and will save you money each month on your electric bills. Using solar power for your home will reduce your dependence on your electric company and you will save on the high rising […]

New Jersey Solar Has Helped Local Consumers

Solar power is exactly what it sounds like. Solar power is the ability to convert the sun’s rays into solar energy or electricity. Solar power is not a new concept. Solar power plants were developed in the 80s after the energy crises of the 70s. Every time there is a rise in the cost of […]

Why has New Jersey become a leader in solar in the US?

Implementation of New Jersey solar power has the state as one of the leading in the nation for it’s solar energy usage. The state’s implementation of a Renewable Portfolio Standard obligates electricity suppliers to produce a portion of their energy from renewable energy sources. The RPS mandates 22.5 percent of New Jersey’s energy be derived […]

Why is electricity so expensive in New Jersey?

Everyone these days are looking to lower electric bills. Between trying to reduce overall costs to save money, and trying to live a more natural, greener lifestyle there are only so many available options for consumers. In higher population areas like New Jersey, California, and New York the cost of energy is growing while the […]

New Jersey Enacts Bill to Help Save Solar

On July 23rd, 2012 New Jersey’s governor Chris Christie signed S1925, new legislation that is helping to prop up the state’s solar energy market. New Jersey, the second largest solar state in the U.S., has largely been successful as a result of solar renewable energy credits (SRECs). An SREC represents 1 megawatt-hour of electricity generated […]

A Break in the Clouds? Inside New Jersey’s SREC Legislation

On June 25, 2012, S1925/A2966, now aligned, passed the New Jersey Senate and House. Next, the bill needs to be signed into law by the Governor, which given his recent public support is expected to be completed within the next couple weeks. The bill, which attempts to address the state’s SREC oversupply, adjusts the Renewable […]

Christie Expected to Sign Bill To Boost Solar in N.J.

New Jersey Governor Chris Christie, whose administration has called solar power an economic “albatross,” is expected to sign legislation that would increase the amount of solar energy state utilities must buy. Read More: Christie Expected to Sign Bill To Boost Solar in N.J.

Proposed New Jersey Solar Bill May Not Solve SREC Woes

Senators Bob Smith and Stephen Sweeny recently introduced New Jersey Senate Bill 1925. The bill proposes to amend New Jersey’s current solar Renewable Portfolio Standard (RPS) requirements in an attempt to help stabilize the oversupplied SREC market. The bill is currently in draft form and is scheduled to be heard Read More: Proposed New Jersey Solar Bill May Not Solve SREC Woes

The Pending Subsidy Cliff, And the Way Out

It’s a daunting reality, yet one that’s been years in the making. And it’s a scenario that’s shaping up from the wind-swept coasts of California to the solar rooftops of New Jersey. The renewables industries — all of them — are not only approaching a subsidy cliff. They already have one foot dangling over the […]

U.S. Solar Installations Continuing to Increase

Early indications are that 2011 will be the strongest year ever for solar installations, although not quite as strong as most people believed. For the third quarter of 2011, solar installations in the U.S. were approximately 449.2 megawatts which was an increase of almost 40% over the prior quarter, 324.3 megawatts, according to Solar Energy […]

China Development Bank Finances LDK-SPI Solar International Expansion Plans

Photo courtesy LDK Solar Roseville, California-based SPI Solar, a US subsidiary of China’s LDK Solar, today announced it has secured from China Development Bank (CDB) to carry out solar photovoltaic (PV) projects with KDC Solar in New Jersey. Separately, LDK secured $20 million in CDB financing for two projects in California for which its providing […]

U.S. Solar Installations Continuing to Increase

Early indications are that 2011 will be the strongest year ever for solar installations, although not quite as strong as most people believed. For the third quarter of 2011, solar installations in the U.S. were approximately 449.2 megawatts which was an increase of almost 40% over the prior quarter, 324.3 megawatts, according to Solar Energy […]

Clean Tech Week in Review: 10 Headline News Stories

Google made a big news splash this past week that it’s partnering with private equity firm KKR and investing $94 million in four solar power projects owned by Sharp near Sacramento with a total capacity of 88 megawatts (MW), but there was plenty more happening in the clean tech/renewable energy space this week. Following are […]

New York Trying to Create New Solar Rebate Market

?? advocates are pushing for the adoption of a new bill that would create a market. If enacted, the New York Solar Industry Development and Jobs Act would launch an SREC market starting in 2013. An SREC represents the environmental attributes from a solar facility and is generated each time a certified and registered solar […]

New York Trying to Create New Solar Market

advocates are pushing for the adoption of a new bill that would create a solar renewable energy credit (SREC) market. If enacted, the New York Solar Industry Development and Jobs Act would launch an SREC market starting in 2013. An SREC represents the environmental attributes from a solar facility and is generated each time a […]

New Jersey Solar Advocates Pushing For Policy Change

Last June, Governor Chris Christie ruffled the feathers of many in the clean energy community by released a draft of his administrations Energy Master Plan (EMP) which called for more focus be devoted to larger projects that would be located in brownfields and larger commercial warehouses. This would less support for smaller scale projects, such […]

New Jersey Solar Advocates Pushing For Policy Change

Last June, Governor Chris Christie ruffled the feathers of many in the clean energy community by released a draft of his administration’s Energy Master Plan (EMP) which called for more focus be devoted to larger projects that would be located in brownfields and larger commercial warehouses. This would less support for smaller scale projects, such […]

Natural gas, solar project developer closes on $420mn financing

Panda Power Funds closed on $420 million in private investments for the Panda Power Generation Infrastructure Fund. The Panda Fund plans to develop or acquire natural gas-fueled power plants and utility-scale solar projects in the U.S. The Panda Fund currently has investments in a 650 MW Panda Sherman natural gas-fueled power plant in Sherman, Texas; […]

N.J. startup partners with largest solar manufacturer in Italy

Natcore Technology, a solar startup in Red Bank, plans to announce today it is forming a partnership with the largest solar manufacturer in Italy. Under a joint venture with MX Holding, the two firms will explore how to make efficient cells in a cost-effective manner, said Natcore CEO Chuck Provini. Researchers will also look into […]

Solar Leasing Model Taking Off in New Jersey

When I talk to friends about investing in solar power, they love the idea but not the cost. Its true, even with rebates and incentives, the up front cost of solar can still be anywhere between $5,000 and $20,000 depending on the size of the solar system. Fortunately for the state of New Jersey, more […]

Solar Leasing Model Taking Off in New Jersey

When I talk to friends about investing in solar power, they love the idea but not the cost. It’s true, even with rebates and incentives, the up front cost of solar can still be anywhere between $5,000 and $20,000 depending on the size of the solar system. Fortunately for the state of New Jersey, more […]

Solar firm to expand to NJ

MOUNT LAUREL — Solmentum, a California-based residential solar company, is opening its first East Coast office in South Jersey, cashing in on what the operators expect will be a golden opportunity in the Garden State’s booming green energy market Specifically, Solmentum is focusing on Cherry Hill — although the company is interested in only the […]

Monmouth University Gets More Solar PV

In 2005 Monmouth University, a private school in West Long Branch, installed a 454-kilowatt (kW) photovoltaic (PV) system on four campus buildings. At the time, the system was the largest array at any university east of the Mississippi River. Recently, the school has that it will install PV systems on seven additional campus buildings, increasing […]

Installed Cost of Solar Declines

A report just released by the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) indicates that the installed cost of solar photovoltaic (PV) power systems in the United States fell throughout 2010 and continues to fall in the first half of 2011. According to Berkeley Labs, the average installed cost of residential and commercial […]

New Jersey Surpasses California for Commercial Solar Power

According to a report by the Solar Energy Industries Association (SEIA), New Jersey has surpassed California as the hottest and largest commercial solar market. According to SEIA, the commercial solar market in New Jersey jumped 170% from the first quarter of this year to the second quarter. As a result, New Jersey’s photovoltaic (PV) installations […]

China Changing the Solar Market

In its latest five-year plan, released in March, the Chinese government set forth its goal to construct 235 gigawatts (GW) of power generation capacity from clean energy sources over the next five years….5 GW of which are expected to come from solar power. Accordingly, China subsequently announced a nationwide feed-in tariff that could make China […]

NJ in Top Global Solar Spot – But Not for Long

New Jersey is the top global location for investors in solar power but will soon begin to suffer the effects of dramatic oversupply, according to a report by Lux Research. The Solar Demand Forecaster found that in Q2 2011, New Jersey offered the highest internal rate of return (IRR) out of 50 U.S. states, 31 […]

New Jersey and Pennsylvania Solar Markets Facing Short Term Pain

Recently, I wrote about how the incredible success of the New Jersey solar and Pennsylvania solar markets was beginning to have adverse consequences with respect to each state’s primary solar incentive, the Solar Renewable Energy Credit (SREC). Two months later the trend is continuing to get worse but solar advocates in both states are beginning […]

Renewable Energy Projects Under Pressure from Feds and Environmental Groups

At the close of 2010, the Obama administration announced an ambitious plan to preserve massive amounts of land, particularly in the West. Pursuant to a regulatory change instigated by the administration, the Interior Department’s Bureau of Land Management (BLM) has been instructed to survey its vast holdings – some 250 million acres – and designate […]

Masonic Home completes solar project

BURLINGTON TOWNSHIP — The Masonic Home of New Jersey is one of the latest nonprofits to embrace solar energy. Kyocera Solar in Scottsdale, Ariz.; NJ Solar Power in Bayville, Ocean County; and Solar Power Partners in Larkspur, Calif., have announced the completion of a 1.16-megawatt solar energy system at the retirement community on Jacksonville Road, […]

10 MW New Jersey solar project under construction

Via pv Magazine Lincoln Renewable Energy (LRE) has started construction on a 10 megawatt (MW) solar project in New Jersey, the U.S. The New Jersey Oak Solar Project, which is slated for completion later this year, is located in the Fairfield Township, Cumberland County. Spread across 100 acres, it will comprise 55,000 photovoltaic panels when […]

U.S. Debt Deal Kills Off Prospects of Renewable-Power Support

Via Bloomberg U.S. government support for renewable energy may plunge from record levels, setting back the use of wind and solar power before they can compete on their own with oil, gas and coal. Direct spending, tax breaks and research funding pushed federal renewable-energy subsidies to $14.7 billion in 2010, according to Alan Beamon, director […]

New Jersey solar energy installations reached record numbers in June

Via newjerseynewsroom.com Over 10,000 solar arrays now exist statewide New Jersey set new single-month record for installed solar capacity and number of installations in June, the state Department of Environmental Protection announced on Monday. The activity brings the state’s installed solar capacity to more than 380 MW generated from over 10,000 solar arrays statewide, something […]

Gov. Christie's plan to emphasize natural gas, nuclear power may undercut solar energy market

TRENTON — Environmentalists this afternoon set the table for hearings on Gov. Chris Christie’s road map for New Jersey’s energy future by reiterating that the plan will jeopardize the growing strength of the state’s green economy. Christie last month unveiled his draft Energy Master Plan, which scaled back the state’s goal to bolster renewable sources […]

Unirac and KYOCERA Partner to Create Modern 1.16 MW PV Installation on Historic New Jersey Site

Unirac, Inc., North America’s leading provider of infrastructure for solar power systems, announced today that it has teamed with Kyocera Solar, Inc. to update the historic Masonic Lodge of New Jersey with a 1.16MW solar installation. Designed by NJ Solar Power, the solar installation is framed with Unirac’s innovative PV mounting solution, the ISYS Ground […]

How Will New Jersey Energy Plan Impact State Solar Power?

New Jersey Governor Chris Christie recently released the state’s 2011 Energy Master Plan (EMP) with an overarching goal of trying to promote energy solutions that are cost-effective as well as efficient, particularly in a time of economic uncertainty. “The Administration is committed to the formulation of incentives that promote a renewable energy portfolio that is […]

New Jersey and Pennsylvania Solar Renewable Energy Credit Markets Choking to Death

The pace of solar installations in New Jersey and Pennsylvania is ironically destroying the incentives that make such installations possible. Solar Renewable Energy Credits (SRECs), existing in states that have Renewable Portfolio Standard (RPS), represent the environmental attributes from a solar facility, and are produced each time a solar system produces one megawatt-hour (MWh) of […]

Largest US Solar Rooftop to Be Built on Toys R Us in New Jersey

The Constellation Energy Group has announced plans to build what will become the largest solar rooftop project in the United States atop a Toys “R” Us distribution facility in New Jersey, according to Bloomberg. The project will use a healthy 37,000 solar panels, and will provide over 5 MW of power. Toys “R” Us has […]

New Jersey Solar Installations Leave Some Neighborhood Residents Sore

New Jersey is amongst many states that now have a, but the state’s largest utility has taken a unique tack to the question of where to put all those solar panels. As part of a Public Service Electric and Gas roll-out of the green technology, they decided to install an astonishing 40 megawatts of solar […]

Solar Nation Facing Barriers

The largest rooftop solar energy system in the nation was unveiled this week, designed and installed by Portland-based Solar Nation Inc. using solar panels made by SolarWorld in Hillsboro. That the building it rests upon is in New Jersey tells a lot about why Solar Nation Inc. might one day think about being there, too. […]

Trinity Solar Is First In NJ Solar Installer With 2000 Installations

New Jersey-based Trinity Solar, New Jersey’s largest solar energy provider and named by NJBIZ as the 26th fastest growing company in the state, has reached a major milestone with its 2,000th solar electric installation – nearly double the number of any other solar provider serving the Garden State. This is a landmark achievement not only […]

Overview of New Jersey Solar Incentives

Everyone seems to know that California currently leads in the nation in installed solar capacity.  Many, however, do not know that New Jersey is the second largest solar state in the U.S. with 137 megawatts of installed solar power in 2010 which was almost a 140% increase over the 57.3 megawatts installed in 2009 and […]

Solar energy firms take advantage of NJ solar energy climate

Solar opportunities are shining down on NJ homeowners as the state continues to be one of the best places in the country for homeowners to invest in clean and efficient solar power. Solar & More, located at 598 Route 23 North in Pompton Plains, is a new local solar company and store which will sell, […]

New Jersey Solar Sector Helps Push Down Clean Energy Costs

There are encouraging signs that New Jersey’s solar sector may be growing so rapidly that it is beginning to drive down the cost of clean energy. For the first time in six tries, a utility-sponsored program to promote installation of solar systems attracted enormous interest, with more applicants seeking to participate than ever before in […]