News & Analysis as of

Renewable Energy Governor Murphy

Greenbaum, Rowe, Smith & Davis LLP

Governor Murphy Signs S4530, Directing NJ BPU to Open Registration for 3,000 Megawatts of Community Solar Starting October 1, 2025

What You Need to Know - • Legislation requiring the New Jersey Board of Public Utilities to open registration for an additional 3,000 MWs of community solar development has been signed into law by Governor Murphy. • The...more

McCarter & English, LLP

New Jersey Governor Phil Murphy’s FY2026 Budget Address: Key Highlights

In his final budget address, Governor Phil Murphy is proposing a $58.05 billion plan, with a strong emphasis on preserving funding for critical priorities while cutting spending on various programs. The address underscores...more

Greenbaum, Rowe, Smith & Davis LLP

The New Jersey Economic Recovery Act Of 2020: An Overview Of The New Jersey Aspire Program

The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and...more

Flaster Greenberg PC

Will New Jersey's New Wind Port Be A Game Changer Or A Financial Boondoggle?

Flaster Greenberg PC on

New Jersey Governor Phil Murphy announced last week that he has chosen a site along Delaware Bay in Salem County to become what is being called the New Jersey Wind Port, billed as the first port in the nation to be built...more

Cole Schotz

New Jersey Firms Up Funding For Electrification Of Transportation Sector

Cole Schotz on

As an update to last week’s post concerning Regional Greenhouse Gas Initiative’s (RGGI) new Strategic Funding Plan, the New Jersey Department of Environmental Protection (NJDEP), in celebration of Earth Day, announced that...more

Cole Schotz

NJ Governor Doubles Down On The Winds Of Change

Cole Schotz on

On November 19, 2019, Governor Phil Murphy, alongside former Vice President Al Gore, signed Executive Order No. 92 (Order) into effect, raising New Jersey’s offshore wind goals. The Order will raise the previous goal of 3,500...more

WilmerHale

New Jersey Issues Largest-Ever Solicitation for Offshore Wind

WilmerHale on

New Jersey continues to up the ante in states’ commitments to developing offshore wind. When he ran for office, New Jersey Governor Phil Murphy promised to promote the deployment of 3,500 megawatts (MW) of wind energy...more

Sullivan & Worcester

Northeast States See Surge in Plans for Offshore Wind Projects, But Developers Must Address Remaining Barriers

Sullivan & Worcester on

As previously discussed, offshore wind is well-developed outside the United States. In Europe, the first offshore wind facility was installed in 1991, and a record 3,148 MW of capacity was added in 2017. In comparison, the...more

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