PG&E wildfire-linked bankruptcy imperils big Bay Area green energy project


PG&E’s bankruptcy could torpedo an energy storage project in south San Jose, a potential failure that could shelve a welcomed green energy project and leave the fate of a big natural gas plant up in the air.

The bankruptcy proceeding also could allow PG&E to reject contracts that it had signed, including pacts for dozens of solar, wind, and other clean energy projects such as the Hummingbird Energy Storage complex on Bailey Road in south San Jose.

In July 2018, esVolta and PG&E entered into a power purchase agreement, or PPA, whereby esVolta would develop the complex. If built, the Hummingbird lithium-ion energy storage complex would be one of the world’s largest battery facilities….

An excerpt from The Mercury News