Dive Summary:

• In New Jersey, utilities have more solar  supply on hands than they  need to meet state requirements. As a result, many developers are divesting from solar projects in the state which has been a leader in solar for years.
• But Wednesday, solar gained a new lifeline. In fact, regulators approved a $446M solar project set forth by New Jersey's largest public utility, Public Service Electric & Gas (PSE&G).
• The Solar 4 All program will build 42 megawatts (MW) of solar farms on top of unused landfills and brownfields and invest  $199 million on 97.5MW of new sun-powered systems through the separate loan program.

From the article:

"PSE&G spokesman Terrence Moran said the utility was "gratified the board has approved both of our filings, which we felt satisfied the state's new Energy Master Plan." He said the solar programs would have minimal impact on ratepayers."

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