Digital Report

How to Become a Solar Developer, New Jersey Edition

Solar power is growing globally at its fastest pace since the first decade of the millennium. In 2022, Bloomberg NEF suggests a 47% increase in solar capacity deployed versus 2021 – totalling approximately 268 gigawatts. This growth is projected to continue growing toward 1,000 gigawatts in capacity being deployed globally – every single year – before the end of this decade.

For this reason, Jigar Shah, Director of the Loan Programs Office at the U.S. Department of Energy has called solar power – and the clean energy transition as a whole – the “largest wealth creation opportunity of our lifetimes!”

It is also the reason you are reading this eBook.

As of December, 2022 we have deployed nearly 150 gigawatts of solar power within the United States. By 2035, the nation is projected to get 45% of its electricity from this source – we will grow that capacity to nearly 1,000 gigawatts deployed across the nation. This solar power will be built on homes, businesses, and the land. It will also be coupled with batteries and hydrogen as well.

Eventually, renewable energy sources will replace the fossil fuels of coal and gas.

With the price of solar power once again trending downward, after the “covid inflation” of 2021-2022, combined with the signing of the Inflation Reduction Act – it is expected that even the breakneck growth of recent years will be surpassed.


/ Table of Contents /

  • Executive Summary
  •  Introduction
    • Solar Policy and Initiatives
  • Fundamentals of Solar Development
    • Site Control
    • Zoning
    • Interconnection
    • Design
    • Offtaker
  • Financing
    • Financial Models
    • Exit Strategies
  • Solar PV in New Jersey
    • Solar Policy and Incentives in NJ
  • Utilities in New Jersey
    • Deregulation, Restructuring, and Decoupling
  • Tools for siting solar in New Jersey
  • Interconnection in New Jersey
  • Conclusion
  • Appendix / Resources