Verogy, a West Hartford-based solar developer, and NJR Clean Energy Ventures (CEV), the renewable energy subsidiary of New Jersey Resources (NYSE: NJR), today (June 16) celebrated the groundbreaking of Glastonbury Solar One, a 3-megawatt (MW) community solar project located in Glastonbury, Connecticut. This marks the first project under construction from the strategic partnership between the two organizations announced in October 2024 to develop solar and solar plus battery energy storage projects across the Northeast.
Glastonbury Solar One is part of a portfolio of 18 projects in advanced stages of development spanning Connecticut, Maine, Pennsylvania, and Rhode Island. This suite of projects totals over 52 MW in capacity. Once completed, the projects are expected to collectively generate enough to power more than 7,400 U.S. homes.
"The groundbreaking of Glastonbury Solar One symbolizes a significant step forward in our partnership with CEV," said Will Herchel, CEO of Verogy. "This project exemplifies our shared commitment to expanding equitable clean energy access, supporting local communities, and driving sustainable development."
Glastonbury Solar One is located on a 15-acre site and is being developed as part of Connecticut's Shared Clean Energy Facility (SCEF) program. SCEF, administered by the Connecticut Department of Energy & Environmental Protection (DEEP), is designed to expand access to solar energy benefits for residents and businesses unable to install rooftop solar systems. Subscribers will receive monthly credits on their electricity bills, providing annual savings, particularly for low- and moderate-income households.
"The commencement of construction on the Glastonbury Solar One project is an exciting milestone for CEV and Verogy," said Robert Pohlman, Vice-President, NJR Clean Energy Ventures. "Solar projects like this showcase our shared vision for a cleaner, more resilient energy future. We look forward to collaborating with Verogy and advancing additional innovative renewable energy solutions that provide meaningful benefits to Connecticut energy customers."
CEV is one of New Jersey's largest solar owner/operators. With over $1.2 billion invested, CEV maintains a portfolio of approximately 420 MW of installed capacity across six states.
About Verogy
Verogy is a West Hartford, CT-based solar developer focused on developing, constructing, and owning commercial, industrial, and utility-scale projects. Built on 100+ years of combined industry experience, the professionals at Verogy have developed, financed, and constructed hundreds of solar projects across the United States. Learn more at https://www.verogy.com/.
About New Jersey Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:
- New Jersey Natural Gas, NJR's principal subsidiary, operates and maintains natural gas transportation and distribution infrastructure to serve customers in New Jersey's Monmouth, Ocean, Morris, Middlesex, Sussex and Burlington counties.
- Clean Energy Ventures invests in, owns and operates solar projects, providing customers with low-carbon solutions.
- Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
- Storage and Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River and the Adelphia Gateway Pipeline, as well as our 50% equity ownership in the Steckman Ridge natural gas storage facility.
- Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.
NJR and its over 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as SAVEGREEN®. For more information about NJR: www.njresources.com. Follow us on LinkedIn/company/njrcleanenergyventures.
Contacts:
Verogy
Jenna Dobbins
jdobbins@verogy.com
New Jersey Resources
Media: Michael Kinney
Phone: 732-938-1031
Email: mkinney@njresoruces.com
Investors: Adam Prior
Email: aprior@njresources.com
