Amergy Solar is proud to be recognized as the first company approved under the New Jersey Economic Development Authority's New Jersey Clean Energy Loans program, a co-lending initiative designed to help small businesses finance clean energy projects and expand clean energy enterprises across the state.

Through this partnership, Amergy Solar received a $500,000 loan from the NJEDA, matched by a $500,000 loan from Columbia Bank. The financing supports Amergy Solar's continued growth as a New Jersey-based clean energy developer, installer, and long-term energy partner for commercial, industrial, and community-focused projects.

As a New Jersey-certified minority-owned company, Amergy Solar also qualified for a supplemental interest rate reduction on the NJEDA portion of the loan. This support reflects the program's broader mission to make clean energy financing more accessible to small businesses, while encouraging minority-, woman-, and veteran-owned companies to participate in New Jersey's energy transition.

The New Jersey Clean Energy Loans program is an $80 million initiative launched by the NJEDA with funding from the U.S. Treasury's State Small Business Credit Initiative. The program provides NJEDA financing alongside private capital from participating financial institutions, helping eligible businesses move clean energy projects forward with more flexible and affordable financing.

"This partnership is an important step for Amergy Solar as we continue expanding our clean energy development and construction capabilities in New Jersey," said Bill Wang, President of Amergy Solar. "With the support of NJEDA and Columbia Bank, we are better positioned to deliver cost-effective solar solutions, support local businesses, and help communities transition toward cleaner and more resilient energy."

Amergy Solar has been active in New Jersey's clean energy market for many years, providing solar development, engineering, procurement, construction, and long-term asset support for a wide range of customers. The company has completed solar systems for thousands of homes and numerous commercial projects, including ice rinks, wholesale companies, sports facilities, and other local businesses.

The collaboration among Amergy Solar, Columbia Bank, and NJEDA demonstrates how public-private financing can help accelerate clean energy deployment. By combining state-backed support with private lending, the program helps companies access the capital needed to grow, create jobs, and bring more renewable energy projects to communities across New Jersey.

Amergy Solar remains committed to building practical, reliable, and financially sustainable clean energy solutions. This financing milestone strengthens the company's ability to continue serving commercial and community energy customers while supporting New Jersey's broader clean energy goals.