Scroll down to read news stories about Community Choice Energy in the San Francisco Bay Area, with focus on current and developing CCA programs: CleanPowerSF, East Bay Community Energy, Peninsula Clean Energy, San Jose Community Energy, and Silicon Valley Clean Energy. We invite your contributions.
It is our aim to present information and points of view that are important to clean energy and Community Choice stakeholders throughout California. The Clean Power Exchange and Center for Climate Protection are not responsible for the factual accuracy in reposted articles and viewpoints expressed are not necessarily those of the Clean Power Exchange or Center for Climate Protection.
San José, CA (May 20, 2019) – San José City Council agreed on April 30 to expand San José Clean Energy (SJCE)’s revolving credit agreement with Barclays Bank PLC from $50 million to $80 million. The increased credit facility will allow SJCE to make additional purchases of clean power into future years, thereby further hedging […]
In San Mateo County, California, which is about 20 miles south of San Francisco, Peninsula Clean Energy is offering a $4,000 incentive for qualifying residents who buy used plug-in hybrids (and EVs — we’ll get to that). The electric vehicle purchase incentive is part of a collaboration with Peninsula Family Service, which has offered the […]
Marin Clean Energy is continuing to expand its network of electric vehicle charging stations, flipping the switch on a 10-port, solar-powered facility a half block from the San Rafael downtown transit hub. The new $240,000 facility is part of the company’s plan to expand the number of public and private EV charging stations throughout its […]
Canadian Solar subsidiary Recurrent Energy has sold its remaining equity stake in the 100-megawatt Mustang solar project, a key resource for California’s flagship community-choice aggregators, to the Renewable Power Group of Goldman Sachs Asset Management. Thursday’s deal completes Recurrent’s sale of equity stakes in the 973 megawatts of solar it brought online in 2016 in California. Financial […]
As Pacific Gas and Electric Co. and its parent company PG&E Corp. struggle to formulate a plan of reorganization in their joint Chapter 11 bankruptcy proceeding, their hometown of San Francisco is advancing a plan of escape. San Francisco’s exploration of full independence from the utility through the possible purchase of its electric distribution assets […]
The California Community Choice Association (CalCCA) congratulates Peninsula Clean Energy (PCE) onobtaining a Baa2 Issuer Rating from Moody’s Investors Service. “PCE’s achievement of an investment–grade credit rating speaks to the inherent strengths of the CCA business model in California, and the leadership role CCAs are playing in the state’s efforts to lower greenhouse gas emissions and transition to cleaner energy resources,” said Beth Vaughan, executive […]
(Bloomberg) — San Francisco may make a multibillion-dollar bid within months for some assets owned by California power giant PG&E Corp. Mayor London Breed told the utility owner in March that the city may submit a formal offer for its electric distribution system in San Francisco “within the coming months” if the acquisition proves feasible, […]
(SANTA ROSA, CA) – Sonoma Clean Power (SCP), the public electricity provider for Sonoma and Mendocino Counties, recently announced the results of its electric vehicle (EV) incentive program. In an effort to reduce local greenhouse gas emissions, SCP incentivized 1,258 electric vehicles for its customers over the last three years. During each iteration of the Drive EV program, […]
NAPA, Calif.–(BUSINESS WIRE)–May 8, 2019–Storage Star announced today that a brand new, state-of-the-art, smart technology self-storage facility, powered by 100% renewable energy, is set to break ground on Friday, May 10, 2019. The 10:00 a.m. groundbreaking will take place at the new site at 300 Devlin Rd. in Napa, launching the region’s first new storage […]
REDWOOD CITY, CA – May 7th, 2019 – Moody’s Investors Service assigned a first-time Baa2 Issuer Rating to Peninsula Clean Energy (PCE). Moody’s Issuer Rating is an independent assessment of PCE’s financial strength over the long term, and PCE’s outlook is stable. PCE is the second Community Choice Aggregation (CCA) program to obtain an investment–grade credit rating. “Peninsula Clean Energy is excited to have reached this important financial milestone. May […]