Soltage Announces First Landfill Community Solar Project in New Jersey

Board of Public Utilities President, Senator Singleton, Governor’s Office of Climate Action and the Green Economy,

IBEW Local 351 and others celebrate milestone project, 35+ local jobs and solar energy for 700+ households

JERSEY CITY, NEW JERSEY, May 13, 2021 — Today, Soltage, an independent renewable provider, completed and energized the first landfill community solar farm in New Jersey, the Tri-County Solar Farm. The CEO of the company, Jesse Grossman, was joined on stage by the Board of Public Utilities, Governor’s Office of Climate Action and the Green Economy, Senator Singleton, IBEW Local 351 and others to celebrate the milestone project and discuss the future of affordable, clean energy in the state.

The 3.1 megawatt (MW) project will now provide energy to more than 700 subscribers in Public Service Enterprise Group (PSEG) territories in Camden, Mercer and Burlington counties. 51 percent of the project’s subscribers are low and moderate income residents, who will receive guaranteed savings on their electric bills for 20 years with no cancelation fees, and save an estimated $120 annually. The project has created more than 35 local jobs.

“We’re thrilled to bring the first landfill community solar project to our home state of New Jersey,” said Soltage CEO and Co-Founder, Jesse Grossman. “This project perfectly demonstrates the impact clean energy has at the local level––from repurposing previously unusable land, to generating local jobs and revenue, to creating new sources of stability and guaranteed savings for area residents. We’re honored to have forged so many strong partnerships throughout the community and are excited to continue working together to build on this momentum in the Garden State.”

Other speakers at the event included:

● Joseph Fiordaliso, President of the New Jersey Board of Public Utilities
● Troy Singleton, New Jersey State Senator
● Jane Cohen, Executive Director at the Governor’s Office of Climate Action and the Green Economy
● Jesse Grossman, CEO and Co-Founder of Soltage
● Kate Fitzpatrick, Delanco Township Committee
● Mark Miller, Operations Manager of Southern New Jersey at Huen Electric and union member of
International Brotherhood of Electrical Workers Local 351
● Ed Cohen, Board President of Sustainable South Jersey

The project demonstrates continued growth for community solar in the state, and expanded clean energy access for low-income communities. Community solar allows all residents to purchase solar energy, whether they rent or own a home. Subscribers avoid installations, upfront costs and membership fees, and members of the community solar farm can take their subscription with them if they move to a new home. The Tri-County Solar Farm demonstrates success for New Jersey’s community solar program, and moves the state forward to achieving its goal of 100 percent clean energy by 2050.

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Soltage is a leader in the development, financing, and operation of distributed utility-scale solar assets for commercial, industrial and municipal customers across the United States. Soltage has developed more than 100 solar energy projects with more than 350 MW total distributed generating capacity under construction and management. Soltage is backed by a group of investors including Prudential Capital Group and is headquartered in Jersey City, New Jersey. For more information, visit www.soltage.com.