Solar Policy Image Credit: Solar Power via Flickr CC

Published on May 13th, 2013 | by James Ayre

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140 MW Of New Solar Capacity Planned For New Jersey

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May 13th, 2013 by
 

The development of 140 MW of new solar capacity in New Jersey has now moved a step closer to fruition — the Public Services and Utility Group (PSEG) recently reached agreement with the New Jersey Board of Public Utilities (BPU) with regards to PSEG’s plan to invest nearly $500 million into solar energy development within the state.

Image Credit: Solar Power via Flickr CC

Image Credit: Solar Power via Flickr CC

The plan is to invest $247 million into the development of 42 MW of new solar energy capacity on brownfield and landfill sites, and a further 3 MW into smaller pilot projects.

This will be followed by the investment of a further $199 million into 97.5 MW of new capacity under a separate program, Solar Loan III.

The news is an especially good sign, because it was originally set to be for a five-year period and that has been cut to three.

The final decision by New Jersey BPU, which has yet to be made, is expected by the end of May.

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About the Author

's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.



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