8minute Solar Energy has closed a $225-million letter of credit it plans to use to post securities for both its power-purchase agreements and interconnection agreements for its 18-GW pipeline of solar and storage projects in California, Texas and the Southwest, the company said June 1. The l… Read More

The reorganization plan of Pacific Gas & Electric, set to be approved in a few weeks, is a highly complex affair, including multiple funds, funding sources and beneficiaries that are being hashed out in a massive case with many moving parts and billions of dollars at stake. This edition … Read More

Pacific Northwest nighttime power prices retreated underwater with ample hydro generation in the region. Mid-Columbia off-peak power spent most of the May 28 to June 4 trading period in negative pricing territory. The hub dropped $7.65 in trading, ending at minus 50 cents/MWh June 4. The day… Read More

Community choice aggregators in California are well poised to promote widespread electric-vehicle infrastructure adoption, especially to support post-pandemic economic recovery, according to a May 29 webinar hosted by the California Community Choice Association. Read More

Salt River Project, Arizona's second-largest utility, issued a request for information from wind developers for up to 500 MW of wind-powered energy. The Tempe-based utility announced the request June 1, almost exactly one year after the SRP board approved a new set of carbon dioxide emission… Read More