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6.2 MW Solar operating in Somerset, NJ — PJM Interconnection, LLC
6.2 MW
Nameplate Capacity
1
Generators
unit
Solar Photovoltaic
Technology
2016
Operating Since
Coordinates
40.7148, -74.6657
County
Somerset, NJ
Nearby Plants
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | CVI CleanCapital Solar 5 LLC | CVI CleanCapital Solar 5 | — |
| Owner(s) | CVI CleanCapital Solar 5 LLC | — | — |
| Status | Operating | operating | — |
Pfizer Peapack Solar is a 6.2 MW solar photovoltaic power plant located in Somerset County, New Jersey. The plant began operating in 2016 and has one generator. The primary fuel source is solar energy. CVI CleanCapital Solar 5 LLC is the owner and operator of the facility. The solar panels are installed with a fixed tilt.
The plant operates within the PJM Interconnection, LLC balancing authority and the RFC NERC region. In the most recent year with available data, the plant generated 7,291 MWh, achieving a capacity factor of 13.4%. Pfizer Peapack Solar is ranked as the 58th largest solar plant in New Jersey out of 328, and 2110th nationally out of 7108. Financial data indicates that the plant's levelized PPA price is $88 /MWh and the installed cost is $2,000 /kW.
Generated from EIA, GEM, and public data sources
ISO/RTO
PJM
Market
ISO/RTO Member
NERC Region
RFC
Balancing Authority
341 MWh
Latest Month
7.3K MWh
Annual Generation
13.4%
Capacity Factor
Data from 2016–2024
$27.7/MWh
Energy Value
$6.0/MWh
Capacity Value
Point of Interconnection
Nearest Substation
Peapack Substation · 35 kV
Substation Distance
1.58 km
Operator
Jersey Central Power and Light
Coord Source
OSM spatial
Market Position
ISO/RTO Market
PJM
LMP Node
NEW JERSEY HUB
Pricing Hub
WESTERN HUB
Location Type
HUB
Node Source
Curated node match
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ask pi about Pfizer Peapack SolarPJM Interconnection, LLC (PJM)
Grid Voltage
34.5 kV
Regulatory Status
NR — Non-Regulated
Entity Type
Independent Power Producer
Sector
IPP Non-CHP