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Fusion technology company opens new HQ in Kearny (photos)
The Princeton Plasma Physics Laboratory and Princeton University spin-out will focus on leveraging breakthroughs toward the commercialization of carbon-free and abundant fusion energy from its new, 15,000-square-foot space.
Princeton Plasma Physics Lab uses AI machine learning to advance fusion research
NJBIZ recently reported on a groundbreaking for a more than $100 million effort at PPPL headquarters on Princeton University’s Forrestal Campus in Plainsboro.
Atlantic Shores Offshore Wind project enters environmental review (updated)
The 50-50 partnership between Shell New Energies US LLC and EDF Renewables North America is projected to generate 1,510 megawatts in offshore wind energy – enough to power more than 700,000 homes – as well as $1.9 billion in economic activity.
Princeton’s Thea Energy secures $20M Series A round
The company focuses on leveraging breakthroughs in stellarator physics and engineering to create a faster, simpler approach to commercializing fusion energy.
Rutgers launches wind energy research center
Officials say the initial focus of the multidisciplinary effort will aim to address scientific and engineering challenges in testing floating offshore wind turbines, which they believe will position the university at the center of one the nation’s most ambitious research projects in the field.
NJ part of Mid-Atlantic Clean Hydrogen Hub
The $7 billion initiative announced by President Joe Biden will kick-start a national network of clean hydrogen producers, consumers and connective infrastructure.
Business coalition pushes back against Murphy’s clean car proposal
"It violates the spirit of our democratic system for an issue of such importance to be solely determined by the governor," the group of nearly 100 wrote to Democratic legislative leaders regarding the rule that would require car manufacturers to reach 100% in zero emission vehicles sales by 2035. "We encourage you to delay this action until a time when it can earn a vote by the full Legislature in[...]
Jersey City aims to be alternative energy leader with Earth Day pledge
Utilizing grants and community feedback, the city says it will significantly scale up its electrification progress, increasing municipal and public use of EVs, reducing pollution and emissions, lowering costs for taxpayers and improving overall public health.
Atlantic City Electric unveils Powering the Future initiative
The plan, which expands support for the state's clean energy and climate goals, outlines 80 interrelated projects that are estimated to sustain more than 600 full-time jobs within the company's workforce, as well as with its contractors and suppliers.
Biden team: NJ offshore wind plans national ‘model’ for clean energy
Top state and business leaders, and labor officials broke ground on the New Jersey Wind Port, a 200-acre facility from which the state would ship out wind turbine components to the rest of the nation.
Covanta to be acquired by EQT Infrastructure for $20.25 per share
The deal will help the company expand and deliver on its goal of building a sustainable future, and will enhance its ability to provide sustainable solutions to growing waste challenges.
It’s not easy being green
The number of solar, wind and other clean energy projects is rising across the state, but weaknesses in existing utility grid connections could crimp New Jersey’s ability to utilize renewable, or green power.
