29 Apr '12, 11am

New Jersey launches Large Scale CHP/Fuel Cell Program

New Jersey launches Large Scale CHP/Fuel Cell Program 29 April 2012 The New Jersey Economic Development Authority (EDA) and the New Jersey Board of Public Utilities (BPU) launched the Large Scale Combined Heat and Power (CHP)/Fuel Cell Program . This competitive grant program was created to support CHP and standalone fuel cell projects serving commercial, institutional and industrial customers in New Jersey. The amount available for grant funding under the initial solicitation is $20 million. It is anticipated that another solicitation will be made available in late 2012 in the approximate amount of $35 million. Program awards cannot exceed $3 million per project with maximum percent of project cost capped at 30% for CHP and 45% for Fuel Cell Projects. The program is available to support CHP or standalone fuel cell projects with an electric generating capacity of greater t...

Full article: http://www.greencarcongress.com/2012/04/nj-20120429.html

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