Lincoln Renewable Energy (LRE), a developer of solar and wind projects, has inaugurated its 12.5 MW NJ Oak solar project in Cumberland County, N.J.
The installation consists of approximately 53,000 solar panels constructed on a 100-acre site. It is the largest non-utility-owned solar project east of the Mississippi River, according to LRE.
Additionally, the company has formed a partnership with Samsung C&T Corp. to further advance its business plan in U.S. renewable energy. Samsung C&T and LRE have formed a 50/50 joint venture company called Monument Power LLC.