Credit to Author: Darrell Proctor| Date: Tue, 12 Nov 2024 17:02:58 +0000
California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers. The company in a Nov. 8 […]
The post Solar Leader Enphase Energy Cutting 500 Jobs appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Thu, 09 May 2024 21:56:32 +0000
California regulators have denied Pacific Gas & Electric’s (PG&E’s) plan to sell a multibillion-dollar stake in the utility’s power generation fleet to a New York-based investment firm. Oakland-based PG&E, which […]
The post California Regulators Reject PG&E Plan to Sell Generation Assets appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 30 Apr 2024 21:51:55 +0000
California utility Pacific Gas & Electric (PG&E) said the company is nearing a deal to sell power generation assets to KKR, a New York City-based global investment firm that has […]
The post PG&E Set to Sell Power Assets to Global Investor KKR appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 09 May 2023 00:44:33 +0000
New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural gas-fired power generation […]
The post New York Group Acquiring More Than 2.1 GW of Texas Gas-Fired Capacity appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 26 Nov 2019 17:47:10 +0000
The post Report: Global Coal-Fired Generation Down 3% appeared first on POWER Magazine.
A report from a UK-based online journal that covers climate and energy policy said that coal-fired power generation worldwide will fall by 3% this year, to about 54% of global electricity output. The report from Carbon Brief, released Nov. 25, was written by researchers from climate research groups including the Centre for Research on Energy […]
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Read moreCredit to Author: Darrell Proctor| Date: Thu, 10 Oct 2019 01:00:21 +0000
The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.
A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]
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Credit to Author: Emma Ockerman| Date: Mon, 16 Sep 2019 17:18:15 +0000
Several states have already sued — or vowed to sue — the family directly.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 10 Sep 2019 00:03:33 +0000
The post PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion appeared first on POWER Magazine.
Pacific Gas & Electric (PG&E) wants to cap its liabilities from damages caused by California wildfires at about $18 billion, according to the reorganization plan filed by the bankrupt utility September 9 in federal court in San Francisco. The amount is less than half what creditors, including insurance companies and wildfire victims, say they are […]
The post PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 05 Sep 2019 18:52:37 +0000
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history. Bloomberg on […]
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
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Credit to Author: Alex Lubben| Date: Mon, 19 Aug 2019 16:59:00 +0000
They’re protesting over millions’ worth of unpaid wages from their former employer, Blackjewel.
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