The EDA hasn't disclosed the initial list of technologies, but the program is for "class 1" renewable energy and energy efficiency projects, which includes solar panels, windmills, fuel cells and LED lighting.
MANUFACTURING Made in New Jersey State tries to stem bleeding as manufacturing jobs continue flight from Garden State Economic carrots help N.J. reap green manufacturing jobs Steven J. Dundas BY BETH FITZGERALD A NEW CROP of green manufacturing plants will be sown across the Garden State this summer, when the state awards the first round of a $60 million, five-year program of grants and loans aimed at building industries around renewable energy and energy efficiency. Funded by the Board of Public Utilities and admin- istered by the Economic Development Authority, the Edison Innovation Clean Energy Manufacturing Fund will make its initial awards, worth a total of $24 million, in June. Seven proposals are being reviewed by the EDA, which will announce the winners in June. The EDA has- n’t disclosed the initial list of technologies, but the pro- gram is for “class 1” renewable energy and energy effi- ciency projects, which includes solar panels, windmills, fuel cells and LED lighting. New Jersey has several renewable energy firms, and the fund’s goal “is to capitalize on what we have, so that we can become one of the leaders in this space for the longer term,” said Tim Lizura, senior vice president of business development for the EDA. “New Jersey has an opportunity to benefit from an expanding market, and it’s all across the board — man- ufacturing, logistics, shipping solar panels to other coun- Tris Pharmaceuticals’ Chief Executive Officer Ketan Mehta says the benefits of locating in New Jersey have so far outweighed the negatives — including
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