NJR Announces U.S. New Wind Project

Joanna Schroeder

NJR Clean Energy Ventures (NJRCEV) has announced its fourth onshore wind project, Ringer Hill Farm. The 39.9 MW project is located along the Pennsylvania-Maryland border in Somerset County, Pennsylvania, approximately 60 miles southeast of Pittsburgh and will consist of 14 GE turbines. The new wind farm is expected to be complete in early 2017.

njr-cleanenergy“Wind is an increasingly important segment of our nation’s energy mix and we are pleased to do our part to bring renewable energy to the marketplace,” said Laurence M. Downes, chairman and CEO of New Jersey Resources. “Our investment in Ringer Hill further diversifies our distributed power portfolio, represents the continuation of our Company’s long-term growth strategy and provides value to our shareowners.”

NJRCEV is investing $84 million dollars in the project and expects the wind farm will qualify for federal production tax credits, which were recently extended. Once the project is completed, it joins wind farms in Alexander Wind Farm in Rush County, Kansas which began operating in December 2015; the Carroll Area Wind Farm, located in Iowa, which came online in February 2015; and, the Montana-based Two Dot Wind Farm, which has been in service since June 2014.

Clean Energy, Electricity, Wind