PG&E enters contracts for 106.8 MW of renewable solar hybrid power

Jun 13, 2008 - Thomson Financial

Pacific Gas and Electric Co. said Thursday it has entered into two contracts with San Joaquin Solar LLC, a subsidiary of Martifer Renewables Electricity LLC, for a combined 106.8 megawatts of solar thermal-biofuel hybrid power.

The solar-biofuel projects will deliver a total of 700 gigawatt hours annually of renewable electricity to PG&E customers throughout northern and central California, the company said.

For 2008, PG&E said it expects to have 14% of its energy delivered from renewable sources.

Shares of the San Francisco-based utility company were up 19 cents at $39.32. Katherine Hunt kh

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