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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Meet John Boland, KQED Public Media

John Boland speaking at graduationEvery leader aspires to leave a legacy of success. John Boland, a member of the board of directors at Joint Venture Silicon Valley, has done just that at KQED. At a time when most regional news entities are struggling, Boland catapulted KQED from a traditional public broadcast outlet into a multimedia stronghold. The eldest of 12 and a college dropout, Boland served as President and CEO of KQED through March 2019, and is now president emeritus. 

Read the profile

CBS News: San Jose has highest-paid workers

video image May 20, 2019 - Joint Venture CEO Russell Hancock says, "it's no surprise," when interviewed by CBS News on a new report that says the nation's highest paid workers are in San Jose. With an average annual median income of $117,000, “our numbers are skewed by people who are making obscene amounts of money. Silicon Valley is a place that has 50 billionaires,” Hancock said. “We’re spiraling upwards in terms of our costs, our housing, for everything,” Hancock said. “You see those costs rising faster than anywhere in the country. And it’s because the market can bear it.”

Watch the news clip

Russell Hancock on Tesla stock plunge

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May 20, 2019 - Russell Hancock, president and CEO of Joint Venture, was interviewed by CBS News when one Wall Street analyst issued a “code red” on Tesla for not meeting internal production goals and getting distracted in side ventures. Hancock says “I think shareholders are saying this product that is world changing, maybe now we need some adult supervision–doing the things that Detroit has done for a very long time.”

Watch the news clip

Institute Report: space under construction rivals dot com boom

black and white report cover May 3, 2019 – Joint Venture Silicon Valley’s Institute for Regional Studies has released its Q1 2019 report on Silicon Valley commercial space. The report shows that activity is brisk and demand is high, especially for commercial space located near public transit. Office vacancy rates – which were relatively high between Q4 2017 and Q4 2018 due – fell significantly in Q1 2019 to 13.4%.

Learn more | Read news release

Data Release: Silicon Valley sets pace for electric vehicle adoption 

Electric car May 15, 2019 - The Joint Venture Institute for Regional Studies today reported that Silicon Valley’s total number of registered electric vehicles (EVs) surpassed 80,000 in 2018, comprising nearly 20% of all such vehicles in California, and by far the highest numbers of any region per capita. Learn more

Joint Venture Food Rescue hits new milestone

150K pounds of food & 80K meals in 6 months

May 13, 2019 - Joint Venture’s food rescue initiative, A La Carte, has collected more than 150,000 pounds of prepared surplus food from universities and corporate food services...more than 80,000 meals for people who are food insecure. This spring A La Carte will purchase an additional truck. John A. Sobrato, Chairman Emeritus of Sobrato Development Companies, Sobrato Philanthropies, and a current member of Joint Venture’s board of directors, has donated $125,000 to the effort.

Learn more

Silicon Valley Indicators

indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at www.siliconvalleyindicators.org?

The site is maintained and constantly updated by Joint Venture's Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

Download the 2019 Silicon Valley Index.

Investors Council Spotlight

Joint Venture's Investors Council welcomes dozens of public and private organizations and foundations supporting our initiatives and programs. Here are just a few of our many investors:

Crew SV logo Eastdil Secured logo University of California - Santa Cruz logo

Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page. To see our current investors, visit our investors pages.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.

SEEDZ Commercial Acceleration for Solar Energy in Silicon Valley (CASE-SV) Program

What is CASE-SV?

CASE-SV is accelerating use of solar energy at commercial and industrial (C&I) facilities in Silicon Valley by bringing together leading corporations and municipalities in a community-based solar procurement program. The CASE-SV program provides free, objective support to qualifying C&I energy customers for solar site assessments, education on technical and financing options, streamlined procurement and contractual processes, and opportunities for local and national recognition.

Key goals for CASE-SV over the next year are to expand use of commercial solar by at least 5 MW in Silicon Valley, and/or deployment of solar at 10 commercial sites in the area. Procurement mechanisms include onsite and offsite solar options, such as direct purchase or PPAs for onsite systems, and purchase by direct access customers of solar energy produced remotely.

The CASE-SV project is a joint effort of the SEEDZ Initiative and the American Solar Transformation Initiative led by Optony. To align the interests of C&I energy customers and municipal agencies in this effort, an advisory committee of ‘anchor’ C&I companies and leaders in the public sector has been organized. This committee includes Kaiser Permanente, Google, NetApp, Juniper Networks, the U.S. EPA, and the Cities of Fremont, Palo Alto, Menlo Park, and Mountain View.

Why is CASE-SV a Priority Now?

The CASE-SV program is important for many reasons...

  • In much of Silicon Valley, C&I electricity use is the second-largest contributor of GHG emissions after transportation; serving this electricity demand with solar power represents a major opportunity to reduce local GHG emissions and substantially ‘move the needle’ in meeting municipal Climate Action Plan goals.
  • Thousands of acres of commercial rooftops and parking lots in the area can collectively support deployment of solar PV capacity on a very large scale, easily on the order of a hundred megawatts or more.
  • For many commercial energy customers solar PV will pay for itself; on-site solar offers electricity savings and a hedge against future rate increases, and addresses stakeholder interests in clean power and climate leadership.
  • CASE-SV offers C&I companies the benefits of objective, streamlined solar assessments and the ‘momentum’ of group procurement approach.

The time for action on commercial and industrial solar is now.

  • The Federal 30% Investment Tax Credit is set to sunset at the end of 2016.
  • State net metering rules and rates will change in 2017.
  • Average solar PV installation costs are at an all-time low.
  • Commercial demand for electric power is growing in the area.
  • New demands for electricity from EV charging is a natural fit with expansion of solarpower generation in parking lots.

Many leading companies are realizing the benefits of solar and have invested in hundreds of MW of installed solar capacity. As of the end of 2013, on-site solar PV systems have been installed on a multi-megawatt scale by many companies around the country. These companies are seeing good economic returns from their solar investments, and stakeholder benefits associated with demonstration of environmental and community leadership.

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How Does My Organization Engage in CASE-SV?

Companies engaging in the CASE-SV program will be eligible for free assistance with on-site solar assessments, as well as access to a range of solar workshops and procurement and contracting-related resources. CASE-SV will investigate implementation of onsite, net-metered renewable energy for C&I customers as well as other options that go beyond onsite installations. Benefits to participating companies are summarized below:

Best practice sharing

Learn from other companies’ recent local experiences with solar projects, and from industry experts.

Solar seminars

Participate in solar project workshops on technology, financing, and contracting.

Independent energy estimates

Assistance with screening sites for solar power generation potential and associated economic benefits.

Expert assistance

Access technical assistance throughout the planning, procurement, and contracting phases.

Sustainability choices

Find the best solution with a menu of alternative clean energy options for challenging solar sites.

Credible vendors

Receive a short list of quotes from solar providers qualified in industry-leading specifications.

Local & national recognition

Committed businesses can become a Joint Venture Silicon Valley Solar Champion and may be eligible to join EPA’s Green Power Partnership.

Engagement in the CASE-SV program begins with a high-level conversation with the CASE-SV team. Through an initial phone call or visit, sites are identified for potential solar deployment and procurement interests are discussed. Candidate sites will then be assessed for electricity generation potential, financial and environmental benefits, and financial reutrns under various procurement options. We are now actively recruiting interested CASE-SV participants that meet the following general criteria:

  • Interest in offsetting energy use with renewable solar power.
  • Ability to participate and potentially contract for solar in 2014-15.
  • Commercial property owners and/or long-term tenants in Silicon Valley area.
  • Minimum 5,000 square feet unshaded rooftop, parking lot, or open space.

For more information and to schedule an initial CASE-SV meeting, please contact Eileen Hays, CASE-SV Project Manager, or one of the other contacts listed below:

Eileen Hays, Optony | | (847) 975-2029

Ben Foster, Optony |

Don Bray, Joint Venture Silicon Valley |

Rachel Massaro, Joint Venture Silicon Valley |

To formally register candidate commercial & industrial sites for CASE-SV evaluation, companies will need to do the following:

  • Fill out and sign a Letter of Participation (PDF).
  • Provide a brief description of the site(s)/facilities and associated facility electricity bills for last 1-2 years.

Download our fact sheets:

CASE-SV Meetings and Events

Visit our Meetings & Events page.

In The News

May 23, 2019 - (Curbed San Francisco)Joint Venture Silicon Valley released its annual Silicon Valley Index and reported “for the third year in a row, people are moving out of Silicon Valley nearly as quickly as they are moving in.” More

May 20, 2019 - (CBS San Francisco) - Tesla Stock Plunges: for Russell Hancock, the president and CEO of Joint Venture Silicon Valley, the issue is the assembly line. More

May 20, 2019 - (CBS San Francisco) -New Report Shows San Jose Has Nation’s Highest-Paid Workers:“It’s no surprise,” said Russell Hancock, the CEO of Joint Venture Silicon Valley More

May 16, 2019 - (IWCE's Urgent Communications) -Jeff Lewis, director of the smart-region initiative for Joint Venture Silicon Valley, outlines the benefits that government entities can realize by coordinating communications initiatives More

May 16, 2019 - (Mercury News) - The Gary Dillabough Effect: Transforming downtown San Jose, 20 buildings at a time: Joint Venture board member Gary Dillabough profiled. More

May 10, 2019 - (Mercury News) - Bay Area wage growth slowing, but still among best in the nation: Russell Hancock, president of Joint Venture Silicon Valley, said he’s still bullish about the regional economy. More

May 8, 2019 - (San Jose Spotlight) - Tech leader Matt Mahan jumps into San Jose council race: serves as a board member of the Silicon Valley Leadership Group and Joint Venture Silicon Valley More

May 3, 2019 - (Silicon Valley Business Journal) -Silicon Valley real estate showed strength in the first quarter of the year with strong commercial demand, especially for space close to public transit, Joint Venture Silicon Valley reported... More

May 1, 2019 - (The Registry) - SiliconSage Homes CEO Sanjeev Acharya Joins the Joint Venture Silicon Valley Board of Directors More

April 25, 2019 - (Mercury News) - New Bay Area crown: Most expensive place in the world to build; “Another dubious award for the Bay Area,” said Russell Hancock, CEO of the non-partisan, regional think-tank Joint Venture Silicon Valley. More

April 22, 2019 - (Mercury News) - Bay Area paradox: We need housing, but we don’t want to build faster:  a recent study by Joint Venture Silicon Valley estimated the region is short as many as 108,000 homes and apartments. More

April 20, 2019 - (The Almanac) -Midpeninsula mayors, tech company transportation leaders convene to talk traffic: They were there to launch the "Manzanita Talks," a series of discussions convened by Joint Venture Silicon Valley More

April 16, 2019 - (KPIX 5) - Lawsuit Claims Apple Misled Hundreds Of Thousands Of Investors: “This is new territory for Apple,” said President and CEO of Joint Venture Silicon Valley Russ Hancock. More

April 12, 2019 - (Silicon Valley Business Journal) - Silicon Valley's 2019 Women of Influence award winners: Rachel Massaro, Vice President and Director of Research at Joint Venture Silicon Valley and Director of Research for the Silicon Valley Institute for Regional Studies. More

April 9, 2019 - (City Journal) - This year, Harris keynoted the Joint Venture Silicon Valley conference, and she is once again reaping large donations from tech and media giants. More