PG&E bankruptcy threatens major battery storage project


PG&E bankruptcy threatens major battery storage project

A major battery storage project that would help California replace three of its natural gas power plants may need to be scrapped as a result of PG&E Corp’s bankruptcy, according to court documents filed this week.

Californian electricity and gas supplier PG&E filed for bankruptcy protection in January, in anticipation of significant expected liabilities from wildfires in the state.

The bankruptcy poses a threat to California’s climate change ambitions by putting in limbo dozens of large solar, wind, and other clean energy projects PG&E has contracted with other companies. Read More

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