Through March 2011, New Jersey has installed 305 megawatts of solar capacity, which the Board of Public Utilities (BPU) says is due to projects coming online at an unprecedented rate. For the first time, according to the BPU, the solar program is slated to exceed goals in the Renewable Portfolio Standard (RPS). The BPU, which runs the state’s Clean Energy Program, says if this rate of installation continues, it will exceed the RPS standards of 369.33 megawatts of capacity for the year 2012, as well. Those goals, however, get much more difficult to achieve in coming years.
Currently, New Jersey has more than 8,000 solar projects installed, and the amount of solar capacity installed in 2010 exceeds the cumulative amount of solar installed since the beginning of the program in 2001.