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December 18, 2009

California OKs PG&E deal with First Solar, Sempra


LOS ANGELES, Dec 17 (Reuters) - California regulators have approved a long-term agreement for utility PG&E Corp (PCG.N) to buy power from a 48-megawatt project being built by Sempra Energy (SRE.N) and solar panel maker First Solar Inc (FSLR.O).

The move by the California Public Utilities Commission on Thursday clears the way for building to start in January and finish in late 2010, and then supply 30,000 homes with power.

Full Story...

Posted by claire at December 18, 2009 8:35 AM