Mount Olive receives Top Renewable Energy Plant of the Year award

Red Bank, New Jersey-based CEP Renewables has announced that its Mount Olive project has received Power magazine's Top Renewable Energy Plant of the Year award. The award is shared with New Jersey-based companies CS Energy and NJR Clean Energy Ventures (CEV), as well as Fort Myers, Florida-based Terrasmart and Canal Fulton, Ohio-based Lindsay Precast.  

Located in Mount Olive, New Jersey, the 25.6-megwatt (MW) direct-current solar project has enabled the township to recoup approximately $2.3 million in taxes while transforming the 65-acre former Combe Fill North Landfill Superfund site into a clean energy asset, CEP Renewables reports. 

"With over a decade of successfully deploying these types of projects, we are uniquely experienced in turning previously contaminated Superfund and brownfield sites into clean energy, jobs and tax revenue," Chris Ichter, executive vice president at CEP, says. "We are honored by this award and proud to contribute to New Jersey's goal of meeting 50 percent of its electricity needs with renewable energy by 2030." 

According to Power magazine, the Mount Olive project was selected for its innovative approach and team solutions across design, engineering, construction and finance. 

The Mount Olive project was developed by CEP Renewables and constructed by CS Energy. Terrasmart designed and supplied the site’s glide fixed-tilt, ballasted racking systems and e-business operating system, and Lindsay Precast integrated Tokyo-based TMEIC’s Solar Ware Ninja inverters and prefabricated the steel skids. The project is owned and operated under a long-term agreement with CEV, a subsidiary of New Jersey Resources. 

"This is our eighth project with CEP Renewables, our seventh project with Lindsay Precast and our 14th landfill solar project with Terrasmart," says Janani Ramkumar, vice president of operations at CS Energy. "The team is excited to receive Power magazine's Top Renewable Energy Plant of the Year Award. It's a testament to the strength of our partnerships in delivering high-quality solar assets that yield significant long-term financial and environmental benefits."