Briefing on Deptford Solar Farm

Deptford Solar Farm is a 1 MW solar PV plant in New Jersey, operational since 2022, owned and operated by 53 SP Solar Trust, with a reported CapEx of $2409/kW.

Overview

• Deptford Solar Farm is a 1 MW solar photovoltaic (PV) plant located in New Jersey.

• The plant has been operating since 2022 and is currently in an Operating status.

• It is interconnected with the PJM Interconnection grid.

Ownership and Operations

• The plant is owned and operated by 53 SP Solar Trust.

• It consists of 1 generator utilizing Solar Photovoltaic technology.

Financial Profile

• The capital expenditure (CapEx) for Deptford Solar Farm was $2409/kW, according to EIA aggregated cost data.

Contextual Landscape

• Similar plants include Solvita, DG Webster LLC CSG, and Beaver Solar LLC.

• Nearby solar installations include Kinsley Landfill Solar, Kinsley II Landfill Solar System, and Gloucester Community College Solar.

Deptford Solar Farm represents a recent, modest-scale solar investment in New Jersey by 53 SP Solar Trust, contributing to the region's renewable energy capacity within the PJM Interconnection grid. Its financial metrics and operational profile align with contemporary solar development trends in the area.