N.J. to receive $221M from EPA to help modernize its water systems
New Jersey’s Infrastructure Bank will receive $221 million from the U.S. Environmental Protection Agency to help the state complete 28 water infrastructure projects that are intended to modernize water systems to protect public health...
Up next at N.J. Wind Port: Tenant selection for component manufacturers
The New Jersey Economic Development Authority announced Friday that it will launch the next phase of its tenant selection process for the New Jersey Wind Port in the coming weeks.
This phase, the EDA said,...
Atlantic City Electric expands efforts with diverse suppliers, spending $119M in 2021
Atlantic City Electric on Tuesday said it purchased $119 million in goods and services from diversity-certified suppliers in 2021, which accounts for 31% of the company’s total yearly purchases, up $14 million from 2020...
Covanta appoints new chief sustainability officer
Covanta announced the appointment of Tequila Smith as the company's chief sustainability officer, reporting to CEO and President Azeez Mohammed. Smith succeeds Paul Gilman, who retired from Covanta last month after 14 years with...
Freehold EV tech company acquires manufacturing facility in China for $19.5M
Cenntro Electric Group Ltd. acquired a new manufacturing facility in Changxing, Huzhou City, China, for a purchase price of approximately $19.5 million, according to a Friday announcement.
The new 474,000-square-foot facility will allow the Freehold-based...
Interstate Waste Services acquires Solterra Recycling Solutions
Two family-owned businesses serving the New Jersey community have merged.
Interstate Waste Services of Teaneck on Tuesday said it acquired Solterra Recycling Solutions, based in Ewing Township.
Solterra Recycling Solutions, founded in 2014, is a non-hazardous...
Innovation kNowledge eXchange of 2022 coming to American Dream and UN on June 6-7
Felician University’s Lenke Family Center for Innovation and the Royal Academy of Science International Trust arranged a new, international forum focused on developing sustainable solutions to some of the world’s top challenges. The event...
FirstEnergy to donate 1,600 trees across N.J. in 2022
FirstEnergy Corp. plans to donate more than 1,600 trees across its New Jersey service area this year, with approximately 1,200 of those expected to be donated and planted by the end of May.
This initiative...
NJIT receives $800K grant from PSEG Foundation to expand STEM career pathways
New Jersey Institute of Technology has long desired to expand access to STEM degrees and careers, especially for local Newark residents, first-generation students and those from historically underrepresented communities.
On Tuesday, the PSEG Foundation made...
Eos Energy Enterprises secures $200M financing commitment
Eos Energy Enterprises entered into a $200 million common stock standby equity purchase agreement with an affiliate of financing partner Yorkville Advisors.
The purchase agreement gives the Edison-based provider of safe, scalable, efficient and sustainable...
