The City of Philadelphia is procuring long-term, clean, affordable electricity from a large-scale solar energy project. The 20-Megawatt (MW) Abes Run Solar project builds upon past success sourcing electricity through a power purchase agreement (PPA). Once complete, Abes Run Solar will supply an estimated 5 percent of municipal electricity use – equivalent to six times […]
The Philadelphia Energy Authority, Counterpointe Sustainable Real Estate, and Pearl Properties reached agreement on Pennsylvania’s largest Commercial Property Assessed Clean Energy (C-PACE) project. Pearl Properties has received $60 million in C-PACE financing for construction of Harper Square, a 362,000-square-foot multifamily tower overlooking Rittenhouse Square. Once constructed, the 500-foot-tall, 45-story skyscraper will stand as the city’s […]
For Immediate Release: October 28, 2025 Contact:Ben BlockSenior Manager CommunicationsPhiladelphia Energy Authority(215)688-5134Media@philaenergy.org PHILADELPHIA – Today, City officials and the Philadelphia Energy Authority (PEA) celebrated the achievements of the Philly Streetlight Improvement Project (PSIP) and shared trick-or-treating safety information at the John M. Patterson School in Southwest Philadelphia. PSIP is a collaboration between the City of […]
Nominations Open: Monday, September 29, 2025 at 9am Nominations Close: Wednesday, October 29, 2025 at 5pm General Statement The Philadelphia Green Capital Corp. (PGCC) is currently seeking nominees to its Board of Directors and its Loan Committee. Selected nominees will be referred to PGCC’s Executive Director and Nominations Committee. If selected to PGCC’s Board of […]
FOR IMMEDIATE RELEASE:Monday, August 18, 2025 CONTACT:Ben BlockSenior Manager, CommunicationsPhiladelphia Energy Authority(215)688-5134Media@philaenergy.org During the seventh annual Philadelphia Solar Week, City leaders join local solar energy installers to showcase the benefits of solar energy, raising awareness about incentives and financing tools available to the region’s homeowners, nonprofits, and commercial businesses. Philadelphia, Pa., August 18, 2025 — […]