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April 28, 2024

New Jersey Economic Development Authority (NJEDA)

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Forum: Innovation Key to Advance NJ Offshore Wind
Innovation and in-state project development will be key to New Jersey’s offshore wind future as the state advances its initiative to create an offshore power center that can connect to homes and businesses onshore, according to speakers at the Wind Institute Research Symposium.
Solar Landscape
NJ Creates Green Bank to Support Clean Energy Goals
The New Jersey Economic Development Authority approved the establishment of a green bank to help the state reach its clean energy goals.
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Offshore Wind: NY, NJ Collaborate to Boost Infrastructure, Supply Chain

Two states with some of the most ambitious offshore wind goals in the nation brought stakeholders together last week, trying to keep things on track in 2024.

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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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New Jersey Launches OSW Infrastructure Solicitation
Recent setbacks will not prevent the New Jersey BPU from moving forward with the state's commitment to offshore wind.
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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.
Township of Woodbridge
NJ Allocates $70M in RGGI Funds for Heavy-duty EVs
New Jersey announced it allocated $70 million in Regional Greenhouse Gas Initiative funds to purchase school buses and other heavy-duty electric vehicles.

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