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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BEIJING - Solar power has become cheaper than grid electricity across China, a development that could boost the prospects of industrial and commercial solar, according to a new study.
Projects in every city analysed by the researchers could be built today without subsidy, at lower prices than those supplied by the grid, and around a fifth could also compete with the nation’s coal electricity prices.
They say grid parity – the “tipping point” at which solar generation costs the same as electricity from the grid – represents a key stage in the expansion of renewable energy sources.
While previous studies of nations such…
