23 Jul '12, 4pm

New Jersey Governor Christie signs legislation accelerating the state's solar RPS requirement

New Jersey Governor Christie signs legislation accelerating the state's solar RPS requirement

New Jersey Governor Chris Christie (R) today signed legislation into law that allows the state’s solar energy market to continue growing and creating good jobs in N.J. over the next several years. The legislation, S1925/A2966, addresses the current imbalance of Solar Renewable Energy Credits (SRECs), which created uncertainty in the market for Governor Christie signing the bill. NJ DEP Commissioner Bob Martin on right (governor's left). NJ Secretary of Agriculture, Douglas Fisher on left (governor's right). project developers and end users. The Solar Energy Industries Association (SEIA) worked with a number of stakeholders to advocate for this legislation that was passed by the New Jersey legislature on June 25. “New Jersey is the second largest market in the U.S. for solar energy, however additional market growth was threatened,” said Rhone Resch, president and CEO of SEI...

Full article: http://www.seia.org/news/governor-christie-signs-legislat...

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