Pacific Gas deal will nearly double USA's solar power
| August 18, 2008 |  View for printing |
Electric utilities are warming to solar power in a shift that promises to turbocharge a technology that has been hindered by high prices and slow consumer adoption.
Pacific Gas and Electric (PCG) in California announced last week it will buy 800 megawatts of solar-generated electricity from two companies, enough to light 239,000 homes. Within three years, PG&E will buy its solar energy from OptiSolar and SunPower, which plan to build the world's two largest solar farms in California as part of the deal.
It would nearly double the USA's entire solar-panel capacity. Driving the trend are solar's falling costs and state alternative-energy mandates.
By Paul Davidson, USA TODAY
Full Story: http://www.usatoday.com/money/indust ... ctric_N.htm
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