PG&E bankruptcy threatens major battery storage project

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PG&E bankruptcy threatens major battery storage project
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A major battery storage project that would help California replace three of its ...

- 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.

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. The company is one of four that received large battery storage contracts from PG&E last year as clean, cost-effective alternatives to three Calpine Corp natural gas generators in northern California.esVolta did not immediately respond to requests for comment.

Tesla declined to comment on its contract, which is for a 182.5 MW project that would be owned by PG&E. Neither Dynegy nor Micronoc responded to requests for comment on their projects, which are for a 300 MW facility and 10 MW of storage, respectively. One megawatt is capable of powering about 750 homes at once.

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