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Suburban Propane buys 25% equity stake in Virginia company for $30M
The company also announced the creation of new subsidiary as part of its long-term goal of building out a renewable energy platform.
PSEG sells off fossil fuel plants for $1.9B
The sale comes as the utility giant eyes clean energy alternatives. The sites across New Jersey, New York and Maryland produce a combined 6,750 megawatts of electricity.
Lawsuit charges NJ isn’t following greenhouse gas, climate change goals
Organized under the banner EmpowerNJ, more than 120 environmental and other social justice groups are challenging the New Jersey Department of Environmental Protection, asserting it refuses to go ahead with rulemaking tied to cutting the state’s emissions by 2030.
Volta puts electric vehicle charging stations at 2 NJ Stop & Shops
Morris Plains and East Brunswick will be just the first locations, as the grocer expects to launch 50 additional across the Northeast by the end of the year.
Soltage closes $130M debt facility to finance national solar portfolio
The investment, led by Silicon Valley Bank, will fund a 110-megawatt national portfolio of projects across North Carolina, South Carolina, Maine, Illinois, Virginia and Maryland.
Ocean Power Technologies announces executive management changes
Philipp Stratmann was appointed president and CEO, while Matthew Shafer was promoted to senior vice president, CFO and treasurer.
Murphy admin cancels plans for Newark natural gas plant
The Passaic Valley Sewerage Commission in North Jersey is pulling the plug on a proposal that would provide back-up power to a sewage treatment facility in the Brick City, citing opposition from environmentalists.
