News

Philadelphia C-PACE Program Enables $11 Million in Capital for Medical Building Renovation

The Philadelphia Energy Authority, Nuveen Green Capital, and 3905 Ford LLC reached agreement on $11 million in Philadelphia Commercial Property Assessed Clean Energy (C-PACE) financing. The deal will fund higher-efficiency building systems and water conservation measures within a West Philadelphia healthcare facility renovation. The 138,157-square-foot property located in the Wynnefield Heights neighborhood is managed by […]

Philadelphia Energy Campaign Achieves $1 Billion in Clean Energy Investments

Philadelphia Energy Authority (PEA) joins Philadelphia Green Capital Corp. (PGCC) to announce that the Philadelphia Energy Campaign has achieved its initial goal of deploying more than $1 billion in new clean energy investments. The Philadelphia Energy Campaign brings together private investments as well as federal, state, city and utility funds to complete major energy-saving programs […]

Solar for Schools Awards $2.2 Million for Philadelphia Schools

The Pennsylvania Department of Community and Economic Development (DCED) announced 74 schools across Pennsylvania are going solar with the support of $22.6 million in new Solar for PA Schools Grant Program awards. The announcement includes $1.2 million for the School District of Philadelphia (SDP). Community College of Philadelphia and Universal Audenreid Charter High School in […]

Solarize Greater Philadelphia Launches, Broadening Region’s Solar Programs

The Philadelphia Energy Authority (PEA) and its green bank affiliate, the Philadelphia Green Capital Corp. (PGCC), announce the launch of Solarize Greater Philadelphia. The initiative brings together multiple programs that assist Greater Philadelphia property owners in reaping the benefits of solar energy.  PEA launched Solarize Philly in 2017 as a group buying program to help […]

Study Finds Citywide Streetlight Replacement Project Achieves 21% Reduction in Gun Violence

For immediate release: April 24, 2024 Contacts:Ben BlockSenior Manager CommunicationsPhiladelphia Energy Authority(215)688-5134Media@philaenergy.org PHILADELPHIA, April 24 – The Philadelphia Energy Authority (PEA) and City leadership announced findings from a University of Pennsylvania Crime and Justice Policy Lab study showing that the Philly Streetlight Improvement Project (PSIP) has achieved a 21-percent reduction in nighttime outdoor gun crimes […]