NJR Clean Energy Ventures (NJRCEV), a subsidiary of New Jersey Resources, announced that it will invest up to $23.7 million to develop, own and operate a 4.7 megawatt, ground-mount solar system in Vineland, NJ. Once complete, the solar installation will provide electricity to the wholesale market through the Vineland Municipal Electric Utility.
NJRCEV has contracted with American Capital Energy, a full-service solar engineering, procurement and construction contractor, to develop the project. Additionally, NJRCEV is working with PJM Interconnection, LLC and the VMEU to serve the wholesale market with the power produced by the solar array.