Southern California Gas Co. (SoCalGas) announced that 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.”