New Laws Aim to Boost Solar, Battery Storage Development in NJ

New laws aim to boost solar, battery storage development in NJ

More residents to benefit from solar energy without needing to install their own panels The post New laws aim to boost solar, battery storage development in NJ appeared first on NJ Spotlight News.

Governor signs bills to boost solar, battery storage generation

The new laws signed by Gov. Phil Murphy Friday direct regulators to expand community solar generation and offer incentives for large-scale battery storage plants. (Hal Brown for New Jersey Monitor)Gov. Phil Murphy signed two bills meant to boost renewable energy generation in New Jersey on Friday, as tightening supply and surging demand push electricity prices to record levels with even more hikes on the horizon. The first bill allows state ener…

Gov. Murphy Signs Legislation Expanding Energy Storage and Solar Capacities in New Jersey

New Jersey Governor Phil Murphy signed two bills today aimed at bolstering the state’s beleaguered energy infrastructure by expanding large-scale energy storage and community solar generation. The measures are designed to strengthen grid reliability, lower long-term energy costs, and broaden access to renewable power. The first bill establishes a transmission-scale energy storage incentive program to […]

Murphy signs laws to expand solar power, boost storage

The basics: Murphy signs laws expanding community solar, energy storage Registration for 3,000 MW of new solar projects set to launch by Oct. 1 State targets 2,000 MW of storage capacity by 2030 to stabilize the grid Legislation expands solar access to 450,000 residents, including 250,000 low-income families Gov. Phil Murphy held a bill signing in Lawrenceville Aug. 22, enacting two measures aimed at addressing the energy cost crisis gripping t…

New Jersey kicks off program to deploy 2 GW of energy storage by 2030

Gov. Phil Murphy on August 22 signed a bill that officially launches the Garden State Energy Storage Program (GSESP). With A5267 now law, the state will move forward with a competitive procurement process for grid-scale energy storage, while using existing funds and avoiding new costs to ratepayers.  The GSESP program, formerly known as the New Jersey Storage… The post New Jersey kicks off program to deploy 2 GW of energy storage by 2030 appeare…