New Road Solar, LLC

OperatingSolar

Ranked #20 of 345 Solar plants in NJ#2149 of 7790 nationally

10 MW Solar operating in Monmouth, NJ — PJM Interconnection, LLC

EIAGEMWD

10 MW

Nameplate Capacity

Generators

unit

Solar Photovoltaic

Technology

2018

Operating Since

Location

Coordinates

40.4030, -74.5680

County

Monmouth, NJ

Nearby Plants

Freeze Solar
Solar1.5 MW · 4.5 km
L'Oreal Monmouth
Solar2 MW · 5.4 km
Princeton Solar Project
Solar2.2 MW · 5.5 km

Status

Latest milestoneengineering approval processPress Publications Inc. · 2025-06-19

Expected COD2031Press Publications Inc. · 2025-06-19

Ownership & Operator

Field	EIA	GEM	Wikidata
Operator	NJR Clean Energy Ventures Corporation	NJR Clean Energy Ventures	—
Owner(s)	NJR Clean Energy Ventures III Corporation	NJR Clean Energy Ventures III Corp	—
Status	Operating	operating	—

Ownership Chain

GEM identifies the owner as NJR Clean Energy Ventures III Corp

This entity is not yet in the GEM ownership database — chain unavailable.

DeveloperCompetitive Power VenturesPress Publications Inc. · 2025-06-19

About

New Road Solar, LLC is a 10 MW solar photovoltaic power plant located in Monmouth County, New Jersey. The plant began operating in 2018 and has one generator. It is owned and operated by NJR Clean Energy Ventures Corporation. The primary fuel source is solar energy. The solar panels are fixed tilt.

The plant operates within the PJM Interconnection, LLC balancing authority and the RFC NERC region. In the state of New Jersey, it ranks as the 17th largest solar plant out of 328. Nationally, it ranks 1892 out of 7108. The latest annual generation data indicates an output of 16,209 MWh, resulting in a capacity factor of 18.5%. Financial data is available for this plant from LBNL sources.

Generated from EIA, GEM, and public data sources

EIA Plant Profile Wikidata Global Energy Monitor

Engineering & Generators

Grid Context

ISO/RTO

PJM

Market

ISO/RTO Member

NERC Region

RFC

Balancing Authority

Generation

660 MWh

Latest Month

16.2K MWh

Annual Generation

18.5%

Capacity Factor

Jan 2022 – Dec 2024

Financial Data

LBNL SolarLBNL Utility-Scale Solar, OEDI SolarOEDI Solar Market ValuesHIGH

Data from 2018–2024

Construction CostOperating CostPricing & Revenue

$28.5/MWh

Energy Value

$5.7/MWh

Capacity Value

Pricing & Market Data

MEDIUM confidence

Point of Interconnection

Nearest Substation

Sand Hills Substation · 69 kV

Substation Distance

4.961 km

Operator

Public Service Enterprise Group

Coord Source

OSM spatial

Market Position

ISO/RTO Market

PJM

LMP Node

DEVILSBR13 KV DEVILSSP

Pricing Hub

WESTERN HUB

Location Type

Generation Node

Node Source

Curated node match

News & Articles (1)Beta

Last updated 2026-03-26

View all articles

No ask pi reports yet for this entity.

ask pi about New Road Solar, LLC

Similar Plants

Fairfield Solar Project

McIntosh Solar

SunE CPS2 LLC

New Road Solar, LLC — Plant Summary

New Road Solar, LLC

Ownership Chain