Pacific Gas & Electric has inked deals with OptiSolar and SunPower to establish 800 megawatts of solar farms in California, which could become the world's largest set of grid-tied photovoltaic installations.The new plants would provide 1.65 billion kilowatt hours each year, enough to serve nearly 250,000 homes, according to Jack Keenan, CEO and senior vice president of PG&E."This commitment not only moves us forward in meeting our renewable goal, it's also a significant step forward in the renewable energy sector," he said. "Utility-scale deployment of PV (photovoltaic) technology may well become cost competitive with other forms of renewable energy generation, such as solar thermal and wind."
Read the full story >>
Company profiles: