Clean Energy Collective

Clean Energy Collective, LLC
IndustrySolar Energy
Founded2010
Headquarters361 Centennial Parkway Louisville, Colorado, 80027 U.S.
Key people
Paul Spencer
Tom Sweeney
Sam Cunningham
Bart Rupert
Websitewww.CleanEnergyCo.com

The Clean Energy Collective (CEC) was an American clean energy company based in Louisville, Colorado, active from 2010 until its filing for bankruptcy in 2020.

History

The Clean Energy Collective was a company that focused on the development, operation, and maintenance of community-based clean energy facilities.

As part of their services, the organization provided a software solution known as the Community Solar Platform (CSP) to its cooperative members. This software was designed to calculate energy production and monthly credits for participants, and it was complemented by a smartphone application.[1]

Community Solar Plan

The CSP was a service that allowed users to purchase and use solar panels without physically attaching them to their property.[2] Solar panel owners were paid in electricity credits for the value of the electricity generated.

Funding

In 2012, Sooper Credit Union of Arvada, Colorado, agreed to offer long-term loans to consumers and businesses that buy into CEC community-owned solar gardens.[3]

Con Edison Clean Energy Businesses (Con Edison CEB), formed in 2016 and a wholly owned subsidiary of Consolidated Edison, Inc. (ConEd), "purchased a portfolio of Community Solar projects in development from Clean Energy Collective, LLC" in 2020.[4]

Partnership

The Clean Energy Collective partnered with local utilities, including Holy Cross Energy,[5] Poudre Valley Rural Electric Association (PVREA),[6] and the Wright-Hennepin Cooperative Electric Association.[7]

In 2014, solar manufacturer First Solar took a minority equity position in Clean Energy Collective. It announced a "strategic partnership to develop and market" community solar gardens for utilities.[8]

Bankruptcy

In 2020, Clean Energy Collective filed for bankruptcy.[9]

See also

References

  1. ^ Minnesota's First Community Solar Project Doubles Down on Local Archived 2013-01-20 at the Wayback Machine, RenewableEnergyWorld.com, John Farrell, December 18, 2012.
  2. ^ Solar for All Archived 2013-01-10 at the Wayback Machine, Sierra, Paul Rauber, January/February 2013.
  3. ^ Sooper Credit Union Turns to the Sun, Credit Union Times, Myriam DiGiovanni, April 20, 2012.
  4. ^ "Landowner - Con Edison Clean Energy Businesses". www.conedceb.com. 2021-11-29. Archived from the original on 2022-09-09. Retrieved 2022-09-09.
  5. ^ First Community-Owned Solar Garden Launches in Roaring Fork Valley Archived 2012-06-05 at the Wayback Machine, Colorado Energy News, David A. Hill, June 20, 2010.
  6. ^ Community Solar Gardens — Bright Spot in a Tough Year for Solar Archived 2012-12-30 at the Wayback Machine, Colorado Energy News, David A. Hill, March 7, 2012.
  7. ^ Minnesota's First Community Solar Project Doubles Down on Local Archived 2013-01-20 at the Wayback Machine, RenewableEnergyWorld.com, John Farrell, December 18, 2012.
  8. ^ First Solar Takes Stake in Louisville-Based Clean Energy Collective, Denver Post, Mark Jaffe, December 10, 2014.
  9. ^ "Louisville's Clean Energy Collective files bankruptcy to prepare for partial sale". 9 July 2020.