Commercial solar developer Safari Energy announced Monday that it has completed 60 commercial-scale solar projects in New Jersey, for a total of 28.6 megawatts (MW) of installed capacity, making it the leading commercial solar developer in the state.
The announcement comes as New Jersey introduces a temporary solar incentive called the Transitional Renewable Energy Credit (TREC), which aims to encourage additional solar deployments in the state and build upon the success of the Solar Renewable Energy Credit (SREC) program.
“The TREC program allows us to continue to offer enhanced economic value proposition and environmental attributes to our commercial customers in New Jersey,” Kirk Edelman, chief commercial officer of Safari Energy, said. “We have a successful track record of developing dozens of large solar projects in New Jersey over the past decade, and the TREC program allows us to continue to build on this demonstrated success in offering value-accretive solar solutions to commercial and industrial customers in the state.”
Nationwide, Safari Energy has developed or acquired more than 400 commercial solar projects.
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