Lincoln Renewable Energy (LRE), a developer of U.S. solar and wind projects, has commenced construction of its 10 MW New Jersey Oak Solar project. Located in Fairfield Township in Cumberland County, N.J., the installation will comprise 55,000 solar panels constructed on a 100-acre site connected to Atlantic City Electric's distribution system.
LRE announced the completion of a financing package for the project in April.
When completed later this year, the New Jersey Oak Solar project will be the largest non-utility-owned solar project east of the Mississippi, according to the company.
In addition, LRE has hired Richard Gruber as senior vice president of business development. Gruber brings to the role 30 years of experience in the U.S. electricity market, including executive roles at companies such as Schott Solar and First Solar.