A California utility adds to its clean energy portfolio
SoCalGas invests in an Oregon fuel-cell maker
Southern California Gas Co. (SoCalGas) announced it has invested $1 million in ClearEdge Power, an Oregon fuel cell manufacturer. The investment is a strategic addition to the utility company’s growing clean energy portfolio.
“Investing in ClearEdge Power advances our leadership in sustainable energy development which offers our customers an additional technology choice that can help reduce their energy bill and carbon footprint,” said Hal Snyder, vice president of customer solutions at SoCalGas. “Fuel cells are among a number of green energy technologies that we are helping to develop through innovative research projects and equity investments that will benefit our customers and the market.”
SoCalGas has a long history with fuel cells, from funding research and demonstrations of fuel cells starting in the 1970s, co-founding the National Fuel Cell Research Center at UC Irvine. SoCalGas also has been heavily involved in testing and demonstrating current fuel cells from a variety of companies, and has invested in fuel cell manufacturers to help accelerate product development.
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