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How the New Jersey Solar Act Fuels Clean Energy Growth

Explore how the New Jersey Solar Act drives renewable energy, incentivizes solar projects, and paves the way for a sustainable future The New Jersey Solar Act of 2021 marked a significant step in advancing renewable energy within the state. This legislation aimed to promote the development of solar energy projects, including grid supply solar facilities, community solar initiatives, and net-metered solar installations. By incentivizing these projects, the act sought to ensure clean and reliable solar energy for New Jersey residents while contributing to the state's ambitious energy goals. It aligned with the 2019 Energy Master Plan, which envisioned achieving 50% of electricity from renewable sources by 2030 and 100% clean energy by 2050 - 215th New Jersey Legislature One of the key components of the Solar Act was the establishment of the SREC-II program, a successor to the original Solar Renewable Energy Certificate (SREC) program. This initiative aimed to provide incentives for t...