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December 10, 2023

New Jersey Economic Development Authority (NJ EDA)

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NJ Advances Multifaceted Building Decarbonization Strategy
New Jersey officials wrestle with the role of natural gas as building electrification efforts grow in an effort to decarbonize the grid.
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NJ Lawmakers Back Ørsted’s Tax Credit Plea
The New Jersey Legislature appears to be backing bills that would allow offshore wind developer Ørsted to directly received federal tax credits for its Ocean Wind 1 project.
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NJ $1 Billion OSW Port and Marshaling Hub 60% Finished
New Jersey’s massive $1 billion play to jump start a new energy industry based on harnessing wind power is proceeding apace on the banks of the Delaware River.
Heitman, LLC
NJ Launches $80M Clean Energy Loan Fund for Small Business
New Jersey’s EDA is accepting applications for matching loans of up to $10 million to small businesses seeking to make clean energy investments.
New Jersey Department of Environmental Protection
NJ To Accelerate RGGI Fund Expenditures
New Jersey has been slow to spend Regional Greenhouse Gas Initiative funds since returning to the program but is taking steps to speed up the process.
Faith Krausman
Electric MHD Truck Incentives Promoted in NJ
The state is seeking to stoke interest in EV truck purchases as it prepares to launch a $46M second phase of its incentive program for fleet chargers.
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NJ Backs $20 Million Spend on Tx Link for Offshore Wind Port
The New Jersey EDA voted to back a $20 million purchase agreement with Atlantic City Electricity to ensure the utility avoids potential supply chain delays.
New Jersey Economic Development Authority
NJ to Expand Wind Port with Land Purchase
The NJ EDA approved the $24.25 million purchase of 109.5 acres of land to nearly double the size of the state’s planned offshore wind manufacturing facility.
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NJ Adds $46.6 Million to Electric Truck Incentives
New Jersey revs up its popular incentive program to help local businesses electrify their commercial fleets.
New Jersey Wind Port
NJ Stakes Claims in OSW Supply Chain
European companies are beginning an OSW supply chain in N.J. But a thriving industry will require many home-grown companies, speakers told the IPF conference.

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