Pacific Gas & Electric Co. plans for the first time to make an equity investment in a large-scale solar rooftop project similar to that being done by neighboring utility Southern California Edison.
PG&E plans to start making equity investments in the next two quarters in renewable energy, primarily solar power, Peter Darbee, CEO and chairman of PG&E, said Wednesday at the Clean Tech Investor Summit
in Palm Springs. That will include a large-scale solar rooftop project "in the neighborhood" of SCE's $875 million, 250-megawatt solar rooftop project now underway, Darbee said.
He wouldn't provide additional details about it, or about how much money PG&E planned to aim at the...