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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

SVEDA hosts 3rd-annual conference November 14 & 15 in Santa Cruz

SVEDA logoOctober 21, 2019 - The Silicon Valley Economic Development Alliance - SVEDA - will hold its 3rd-annual regional conference in Santa Cruz November 14 and 15. Join economic development professionals from across the region for insight on pressing issues such as housing, taxation, AI, and business resiliency. SVEDA is committed to addressing business needs through local government policy, streamlined permitting processes, and linking businesses to local and regional resources that add value to company innovation and growth.

Click to register

Q3 Commercial Space Report released

report coverOctober 18, 2019 – Joint Venture’s Institute for Regional Studies today released its third-quarter 2019 report on Silicon Valley commercial space. New data shows that year-to-date completions have already exceeded 2018 totals. With 13 million square feet of commercial space under construction, the numbers were only slightly lower than the 19-year high of the previous quarter and indicative of a resurgence of R&D development within the region.

Learn more

 

Rachel Massaro talks Silicon Valley exodus

October 18, 2019 - Rachel Massaro, Vice President & Director of Research at Joint Venture's Institute for Regional Studies, appeared on Valley Politics with Terry Christensen. The topic is what is being described as an "exodus" from Silicon Valley. Forty-four percent of Bay Area residents say they’re thinking about leaving the area. Rachel quotes the Silicon Valley Index, "For the third year in a row, people are moving out of Silicon Valley nearly as quickly as they are moving in. Between July 2015 and July 2018 (over a three-year period), the region gained 61,977 foreign immigrants, but lost 64,318 residents to other parts of California and the United States." Watch the interview

Institute Names Margaret O’Mara Distinguished Fellow

Margaret O’Mara speakingOctober 18, 2019 - Joint Venture has named Margaret O’Mara a Distinguished Fellow at the Institute for Regional Studies, its research arm. Considered one of Silicon Valley’s foremost expositors, O’Mara is the Howard & Frances Keller Endowed Professor at the University of Washington and a contributing opinion writer at The New York Times. An award-winning historian, she recently published a history of the Valley that is being hailed as definitive, The Code: Silicon Valley and the Remaking of America (Penguin Press, 2019.

Learn more about Professor O’Mara’s research.
Read Margaret's bio.

Talent Partnership lands Wells Fargo grant, launches Oracle project

team members meeting at white boardOctober 21, 2019 -Wells Fargo Bank has awarded a $15,000 community grant to Joint Venture’s Silicon Valley Talent Partnership (SVTP). Funds will be used to support SVTP’s work connecting pro bono consultants to community projects. As part of its endeavors, SVTP has matched a team of talented volunteers from Oracle to the NOVAworks Foundation (NOVA). The Oracle team will develop a strategic fundraising plan for NOVA, to bolster the group’s programs aiding Bay Area job seekers.

Do you have a project idea? Would you like to be a pro bono consultant? Or would you like to support SVTP financially?
Visit jointventure.org/svtp.

Meet John Lang, economic development manager, Morgan Hill

October 21, 2019 - “Local government doesn't always do a good job of communicating to the public what we do,” says John Lang, economic development manager for Morgan Hill and chair of Joint Venture’s Silicon Valley Economic Development Alliance (SVEDA). Lang is working to upend that paradigm in Morgan Hill, a city of 45,000 at the southern tip of Silicon Valley. In this relatively smaller town, Lang and staff can shepherd business owners through layers of processes with what he calls “a warm hand off” between city departments.

Read John's profile

Save the Date: State of the Valley 2020

Mark your calendar for the 16th-annual State of the Valley conference February 14, 2020 at the McEnery Convention Center in San Jose. Last year a capacity crowd of Silicon Valley leaders filled the convention center for reports on the economy, trends and challenges, and a changing investment landscape. Watch for details soon!

Register Now

Silicon Valley Indicators

indicators home page Comprehensive information and data about the Silicon Valley ecosystem is available at www.siliconvalleyindicators.org.

Data and charts from the Silicon Valley Index (and more) are presented on an interactive website that allows users to explore Silicon Valley trends.

Investors Spotlight

Donors invest in Joint Venture with both general support and project-specific gifts. Support from the community enables us to provide innovative solutions to issues that confront our regional economies and quality of life. Here are just a few of our many investors:

TDA Group logo Technology Credit Union logo city of Portola Valley 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

October 18, 2019 - (San Jose Spotlight) - Report: Downtown San Jose businesses move northward as tech keeps Bay Area market hot.  The report, released Friday by Joint Venture Silicon Valley Institute for Regional Studies ...shows that commercial development is going strong along the Peninsula and in Silicon Valley, with 13 million square feet under construction, a 19-year high, according to the report.  More

October 18, 2019 - (Palo Alto Online) - Peninsula cities, companies explore partnership to tackle traffic congestion: Launched by Joint Venture Silicon Valley, the series sought to bring all the parties together to exchange knowledge about transportation-demand management... More

October 16, 2019 - (KPIX CBS TV) - Salesforce CEO Says Facebook Is 'Like Cigarettes,' Should Be Broken Up: "We have a long-standing tradition of breaking up monopolies in this country," said Russell Hancock, CEO of Joint Venture Silicon Valley. More

October 15, 2019 - (CBS News) - #DeleteFacebook trends after report Zuckerberg secretly dined with conservatives: Russell Hancock, President and CEO of Joint Venture Silicon Valley, said it would take time to figure out if the hashtag had any impact on Facebook. More

October 14, 2019 - (Stanford Daily) - Students recover 1,000 pounds of leftover food from Stanford Stadium concessions: ...A La Carte, launched last year as a pilot program between Stanford and Joint Venture Silicon Valley, a local nonprofit which analyzes the impact of local public- and private-sector projects. More

October 11, 2019 - (Mountain View Voice) - Mountain View lays out $81 million plan for El Camino Real: More than 15 years ago, the nonprofit think tank Joint Venture Silicon Valley urged Peninsula cities to seize a "golden opportunity" by harnessing the demand for redevelopment to transform El Camino Real into an urban neighborhood corridor.  More

September 28, 2019 - (Detroit Free Press) - GM strike is a surprising modern test of the power of workers versus corporations:“We don’t have big factories in Silicon Valley where people are punching time cards and doing grueling physical labor,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More