E3, a Willdan Company, to Create a Plan for Pasadena to Source Carbon-Free Electricity
July 15 2024 - 6:15PM
Business Wire
Willdan Group, Inc. (NASDAQ: WLDN) announced today that Energy +
Environmental Economics (E3), Willdan’s wholly owned subsidiary,
has been selected by the City of Pasadena’s community-owned utility
Pasadena Water and Power to develop an Optimized Strategic Plan for
sourcing carbon-free electricity. The City has set a goal to secure
100% of its electricity from carbon-free sources by 2030. E3 will
work closely with Pasadena Water and Power and the City to explore
a wide range of options, including distributed energy resources,
renewables, storage, and emerging technologies. These options will
be incorporated into a cohesive plan that balances Pasadena’s
carbon goals with reliability and cost-effectiveness.
“The City of Pasadena’s goal is one of the most ambitious clean
energy targets in the state,” said David Reyes, Acting General
Manager of Pasadena Water and Power. “As we approach 2030, the
urgency of this planning effort is very real for us. E3’s services
will help us navigate a path to a carbon-free future that is
affordable, equitable, and reliable for our community.”
“As more cities establish climate goals, E3’s expertise in
developing climate action plans, and in understanding the options
and implications for the power sector, is becoming more essential,”
said Mike Bieber, Willdan’s CEO. “This opportunity reflects a
natural transition in our work as clients move beyond long-term
studies to take concrete, near-term steps toward decarbonization.
Willdan thanks the City of Pasadena for this opportunity.”
About Pasadena Water and Power
Pasadena Water and Power, a community-owned utility, is a
not-for-profit public service owned and operated by the City of
Pasadena for the benefit of its customers and the community. The
utility’s priorities are reliability, responsiveness to customers,
reasonable rates, and environmental stewardship. Pasadena Water and
Power provides electricity to more than 65,000 customers within
Pasadena and delivers water to almost 38,000 households and
businesses in Pasadena and adjacent communities in the San Gabriel
Valley.
About Willdan
Willdan is a nationwide provider of professional, technical, and
consulting services to utilities, government agencies, and private
industry. Willdan’s service offerings span a broad set of
complementary disciplines that include electric grid solutions,
energy efficiency and sustainability, energy policy planning and
advisory, engineering and planning, and municipal financial
consulting. For additional information, visit Willdan's website at
www.willdan.com.
Forward-Looking Statements
Statements in this press release that are not purely historical
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. It is important to note
that Willdan’s actual results could differ materially from those in
any such forward-looking statements. Factors that could cause
actual results to differ materially include, but are not limited
to, the risk factors listed from time to time in Willdan’s reports
filed with the Securities and Exchange Commission, including, but
not limited to, the Annual Report on Form 10-K filed for the year
ended December 29, 2023. Willdan cautions investors not to place
undue reliance on the forward-looking statements contained in this
press release. Willdan disclaims any obligation to, and does not
undertake to, update or revise any forward-looking statements in
this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240715303387/en/
Al Kaschalk Vice President 310-922-5643
akaschalk@willdan.com
Willdan (NASDAQ:WLDN)
Historical Stock Chart
From Nov 2024 to Dec 2024
Willdan (NASDAQ:WLDN)
Historical Stock Chart
From Dec 2023 to Dec 2024