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EXPLAINER: GAUGING THE FUTURE OF SOLAR ENERGY IN NEW JERSEY

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TOM JOHNSON | APRIL 24, 2017

Does the fall-off in solar installations and loss of jobs indicate a slowdown in the sector?

What’s going on: Mostly business as usual: The unanswered question is whether that portends well for New Jersey’s solar sector, which has been prone to boom-and-bust cycles. The state’s solar industry is continuing to install new systems at a fairly good pace, although last month the number of deployments fell off dramatically from the rate of a year ago. In March, 889 residential systems were put in, roughly half the number installed 12 months earlier, according to the Office of Clean Energy. The number of nonresidential systems put also fell. That is only one month’s tally, but there are other signs the sector may be slowing. An industry survey of the sector nationwide released early this year found New Jersey lost 1,000 solar jobs in 2016 — at the same time the industry was growing at 25 percent nationwide.

https://www.njspotlight.com/stories/17/04/23/explainer-gauging-the-future-of-solar-energy-in-new-jersey/

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