“This is a company that was born here in Middlesex County,” Chief Executive Officer Joe Mastrangelo said as he unveiled the new Eos Ingenuity Lab at the firm’s Edison headquarters Monday. “As we’ve evolved as a company, our needs have evolved,” he added. Eos, which was founded in 2008, designs and manufactures state-of-the-art zinc batteries intended to provide new energy storage options …
The New Jersey Economic Development Authority’s Board (NJEDA) has approved the purchase of a 109.4-acre property in Lower Alloways Creek, Salem County, which will enable the planned expansion of the NJ Wind Port. Phase 1 of the Wind Port broke ground in September 2021 with marshalling activities due to commence in early 2024. The purchase of the 109.4-acre property from …
The idea of adding electric vehicle charging stations to its parking lot fits perfectly with the vision and mission of Duke Farms, the more than 2,500 acres of nature preserve located in the heart of Somerset County in Hillsborough. Good for sustainability, good for nature, good for the Earth. “One of our goals at Duke Farms is to be leaders of …
The New Jersey Economic Development Authority announced May 20 it will soon launch the next phase of its tenant selection process for the New Jersey Wind Port. Located on the Delaware River in Lower Alloways Creek, the project is at the center of the state’s push to build an offshore wind industry from the ground up. The announcement follows a …
ATLANTIC CITY – New Jersey Governor Phil Murphy announced today that the New Jersey Economic Development Authority (NJEDA) signed a Letter of Intent (LOI) with Ørsted Offshore North America for New Jersey’s first offshore wind project, Ocean Wind 1. Ørsted, the world’s largest developer of offshore wind, is partnering with PSEG on the Ocean Wind 1 project. The project’s 1,100 …
New Jersey’s wind port, a major economic bet on the East Coast’s budding offshore wind industry, is in its early stages of construction but has already signed contracts with some local businesses including those owned by minorities and women, state officials said. The Economic Development Authority, an agency overseeing the state-financed project, said about 50 people were employed at the …
Not one turbine has been installed off the coast of New Jersey. In fact, not one turbine has been built. And it’s not expected the state’s fledgling offshore wind industry will really take flight until at least the end of 2024 when the first blades start churning out utility-scale megawatts of renewable energy. Yet, a group of industry insiders say …
The New Jersey Economic Development Authority (NJEDA) announced plans to provide a total of more than $1 million to Rutgers University, Rowan University, Montclair State University, and New Jersey Institute of Technology (NJIT) to advance academic research and investment in offshore wind workforce training. Specifically, the NJEDA Board authorized staff to enter into memoranda of understanding with the universities to develop both …
U.S. Congressman Donald Norcross presented Rowan University President Ali A. Houshmand on Monday with a ceremonial $500,000 check for a federal workforce training grant that will be used to prepare students for New Jersey’s burgeoning wind power industry. Funded by U.S. taxpayers, the grant will fuel workforce training programs designed to fit the needs of wind energy employers, starting in …
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