Under Governor Murphy’s leadership, New Jersey has taken bold steps to accelerate our transition to a cleaner future. The State has committed to 100% clean energy by 2035: one of the Nation’s most ambitious clean energy goals. New Jersey is also one of only ten states in the nation with an energy storage target (2,000 MW by 2030).
Whether you are focused on supporting clean energy projects today or working to create the clean energy economy of tomorrow, NJEDA’s Clean Energy Products team is here to support and partner with you. We work with businesses and other entities to support renewable energy generation and storage, reduced vehicle emissions, building energy efficiency, clean energy workforce development, and more.
“All of our residents regardless of race, color, ethnicity, religion deserve to live in communities free from the effects of pollution and are entitled to participate in decision-making that affects their environment, their communities, their homes and their health. Good environmental policy is something that must lift all communities. The Executive Order I am signing (E.O. 23) will ensure state agencies are considering the cumulative impacts of their actions in overburdened communities on an ongoing basis.”
– Governor Phil Murphy
New Jersey passed a landmark Environmental Justice Law in 2020 (N.J.S.A. 13:1D-157). That law included a definition of “Overburdened Communities” in the State: census block groups with
Historically, New Jersey’s low-income communities and communities of color have been subject to a disproportionately high number of environ-mental and public health stressors, including pollution from numerous industrial, commercial, and governmental facilities located in those communities and, as a result, suffer from increased adverse health effects including, but not limited to, asthma, cancer, elevated blood lead levels, cardiovascular disease, and developmental disorders. New Jersey Department of Environmental Protection (NJDEP) is working to correct these outcomes by furthering the promise of environmental justice. Learn more here: https://dep.nj.gov/ej/
Since the creation of the Clean Energy Products team, NJEDA has committed over $375M towards clean energy. Those funds come from a variety of sources, including the Regional Greenhouse Gas Initiative (RGGI), State Small Business Credit Initiative (SSBCI), and New Jersey State Budget Appropriations. NJEDA is also actively pursuing other funding opportunities made available at the federal level, to provide additional capital to support the State’s clean energy transition.
Under Governor Murphy’s leadership, New Jersey has established an ambitious goal of generating 11 GW of electricity from offshore wind energy by 2040 as part of the State’s Energy Master Plan to transition to 100% clean energy by 2035.
If you’re looking for information about offshore wind in New Jersey, please visit the NJEDA’s Offshore Wind page to learn more!
TRENTON, N.J. (April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.
Read More >TRENTON, N.J. (April 11, 2024) – The New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Green Workforce Training Grant Challenge.
Read More >TRENTON, N.J. (January 29, 2024) – The New Jersey Economic Development Authority (NJEDA) is extending the deadline of its Request for Expressions of Interest (RFEI) for the planned New Jersey Green Fund (NJGF) indefinitely, until a formal application is launched.
Read More >
