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NJEDA Approves $79M for Clean-Energy Retrofit Projects

June 11, 2026 | njbiz.com





According to the NJEDA, the projects will add a combined 20.3 megawatts of solar capacity and 86.9 megawatts of battery storage – enough energy to power nearly 3,000 homes. They will also reduce electricity usage by 30.7 million kilowatt-hours annually and eliminate more than 845,000 metric tons of carbon dioxide equivalent emissions.


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NJ SEED: According to NJEDA’s CEO, Evan Weiss, Project RETROFIT NJ will provide reduced costs for resident and business ratepayers and increase reliability of the state’s electric grid. Great promises, but will they be realized?

 
 
 

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