PG&E announces solar power initiative
PG&E announced plans for photovoltaic projects totaling up to 500 megawatts of generating capacity in its northern and central California service areas. That's enough to meet about 1.3 percent of its electric demand.
The San Francisco-based utility will build and operate up to 250 megawatts of capacity, while an additional 250 megawatts will be built and operated by independent developers.
PG&E has submitted its plans to the California Public Utilities Commission and hopes to secure approval later this year.
Gov. Arnold Schwarzenegger says the initiative will help California reach its clean energy goals.
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Hydro One stock has too much political risk to recommend, Industrial Alliance says
TORONTO - A seemingly positive development for Hydro One is overshadowed by ongoing political and regulatory risk, Industrial Alliance Securities analyst Jeremy Rosenfield says.
On October 4, staff from the Washington Utilities and Transportation Commission filed updated testimony in support of the merger of Hydro One and natural gas distributor Avista.
The merger, which was announced in July of 2017 has received the green light from federal and key states, with Washington, Oregon and Idaho being exceptions.
But Rosenfield says even though decisions from Oregon and Idaho are expected by December, there are still too many unknowns about Hydro One to recommend investors…
