News

PEA and CounterpointeSRE Close Financing for Harper Square Tower, Pennsylvania’s Largest C-PACE Project to Date

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 […]

City of Philadelphia and PEA Celebrate Completion of Citywide Streetlighting Upgrade

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 […]

The Philadelphia Green Capital Corp. is Seeking Nominations for its Board of Directors and its Loan Committee

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 […]

Seventh Annual Philadelphia Solar Week Celebrates Region’s Solar Energy Progress, Launches Solarize Greater Philadelphia

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 — […]

New PECO Relief Fund Highlights Urgency of Long-Term Energy Solutions

This week, PECO announced the launch of a $10 million Customer Relief Fund to help households in Southeastern Pennsylvania manage high summer energy costs.  Supported by Exelon and administered by the United Way of Greater Philadelphia and Southern New Jersey, this fund will provide one-time $500 bill credits for income-qualified residential customers. The Relief Fund […]