Sometimes you get the oddest synchronicities in this business.
Just hours before I received information about a program on “Is the Sun Setting on Solar Projects in New Jersey?” I also received a release from Hartz Mountain Industries, noting that the Secaucus-based developer built 4% of the state’s solar installations, making it the leading solar power producer here.
Last year, the company built 11.87 MW of rooftop and ground-based solar arrays, most recently a 8.5 MW ground array in Hamilton, NJ. Hartz now has 13 buildings providing solar power to the company and its tenants.
“Solar power is not a trend, it’s a business model that we take very seriously as one of many elements in our sustainability efforts,” said Emanuel Stern, president and chief operating officer for Hartz Mountain Industries, in the press release. “We are not only being respectful to the environment, we are saving money for ourselves and tenants through the solar roofs and providing power to the state through the Hamilton farm.”
But how many more can be built? The program on April 19, to be held 8 a.m. to 10:30 a.m. at the Venetian in Garfield, NJ, will focus on the dramatic changes in regulations and financing of these projects. Plans call for a discussion of regulatory, accounting, tax, legal and insurance issues specific to solar energy projects, as well as an up-to-date look at the market for solar projects in New Jersey. Jeffrey Milanaik, President of Heller Industrial Parks, Inc., a pioneering company for solar installations, will moderate, with Joseph L. Fiordaliso, a New Jersey Board of Public Utilities commissioner, will give the keynote speech. More information about the seminar can be found here.
Is the sun setting on solar power? How many more solar projects do you think will be built?