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New Jersey solar EJ plan: National model or warning? - Governors' Wind Energy Coalition governorswindenergycoalition.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from governorswindenergycoalition.org Daily Mail and Mail on Sunday newspapers.
New Jersey solar EJ plan: National model or warning? eenews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eenews.net Daily Mail and Mail on Sunday newspapers.
Credit: (AP Photo/Julio Cortez) File photo: Rooftop solar panels at Newark Liberty International Airport State regulators on Wednesday formally adopted a new solar incentive program with the aim of developing 3,750 megawatts of new solar generation by 2026, a target that would double New Jersey’s solar capacity. New Jersey Board of Public Utilities President Joseph Fiordaliso described the new program, approved after three years of discussion and debate with executives in the solar sector, as a monumental change and one that will help advance the Murphy’s administration’s goal of 100% clean energy by mid-century. Solar energy is one of the cornerstones of that strategy and projected to provide 34% of New Jersey’s electricity by 2050. Once the new program is fully implemented, solar energy is expected to generate roughly 10% of New Jersey’s electricity needs, up from a little more than 5% currently. ....
Credit: (AP Photo/Toby Talbot) File photo After months of controversy, a bill to promote grid-scale solar projects in New Jersey, while at the same time aiming to rein in costs to ratepayers who foot the bill, has won final approval from the Legislature. In the end, the legislation, now on Gov. Phil Murphy’s desk, succeeded in the former goal, but fell short on the latter, increasing annual costs of subsidizing solar projects from $750 million to $1.2 billion per year to utility customers, according to critics. The bill also effectively eliminates a cap that lawmakers instituted just two years ago aimed at reducing excessive subsidies paid by utility customers to solar developers for many years, said New Jersey Division of Rate Counsel Director Stefanie Brand. ....
NJ drops in solar production rankings | NJ Spotlight News njspotlight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njspotlight.com Daily Mail and Mail on Sunday newspapers.