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Funding Resources
Funding Resources
| NJ Large-Scale Renewable Project Grants | |
|---|---|
| Type of Incentive | Grant |
| Eligible States | NJ |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biogas, Biomass, LFG, Other |
| Eligible Project Size | greater than 1 |
| Critical Information | The Renewable Energy Project Grants and Financing Program provides up to a 20% grant for eligible project development costs for large-scale renewable energy facilities larger than 1 MW. Eligibly projects include the use of: wind, solar power (photovoltaics), landfill gas, digester gas, and methane from sustainable biomass to generate clean electricity. The Energy Development Authority may arrange long-term, low-interest rate bonds or loans to provide affordable financing for the balance of project costs. Borrowers are required to make a minimum 10% equity contribution to the project. |
| Start Date | 1/1/1999 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information | The Large-Scale Renewable Project Grants program is run by the New Jersey Clean Energy Program. * The grant program is currently under review. No applications are currently being accepted. Interested applicants are advised to check the Web site for updates. |
| Web Site | http://www.njcleanenergy.com/renewable-energy/programs/clean-energy-financing/ business-venture-assistance/business-venture-assist  |
| Primary Contact | Clean E. Financing & Asst. 44 South Clinton Avenue P.O. Box 350 Trenton, NJ 8625 U.S.A. Clean E. Financing & Asst. (info@njcep.com) (609) 777-3300 |