Bankruptcy

San Francisco to bid on PG&E, the Colts go solar: pvMB 5/15/19

Hello and welcome to your hump day pvMB. Today we’ll be checking out EVGo breaking ground on a new Virginia fast-charging hub, Cool Earth Solar getting Sunpower’s Dealer of the Year award SPI’s new agriculture company and looming 5 MW project and much, much more. Buckle up!

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Berkshire Hathaway loses $377 million in DC Solar scandal

Berkshire Hathaway revealed during its results call on Wednesday that the $377 million fee that the bank incurred earlier this year was linked to the ongoing DC Solar scandal.

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pvmb 3/15/19 – Tesla gets a new car and CFO, FERC deletes its phone directory, and more!

pv magazine USA sees spring is around the corner, so here’s a fresh Morning Brief, including Fitch downgrading more California Solar and Toyota buying power from solar projects planned in Kentucky.

PG&E and the future of U.S. utilities

California utility Pacific Gas & Electric’s bankruptcy points to a crisis not only at the company, but in the business model for utilities in the United States. And it is far from clear what will come next.

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Courts reject FERC’s bid for jurisdiction in PG&E bankruptcy

A district court has ruled that the bankruptcy court will be where the decisions are made as to what happens to power contracts, ending a push by developers to give FERC a greater say.

CCAs propose taking over PG&E’s retail business

Seven community choice aggregators have asked California regulators to take PG&E out of the business of supplying electricity to its customers, and allow them and/or other public entities to take over the retail business so PG&E can focus on safe electricity transmission and distribution.

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pvMB 2/6/19: GP Joule expands to America, Penn State’s 70 MW project plans… and more!

Good news, everyone: you’re halfway through your workweek and back reading the pv magazine morning brief. We’ve got a full slate today, including EVgo powering over 75 Million EV miles in 2018 and the world’s first solar-electric sewage pump-out boat.

FERC asserts jurisdiction over PG&E contracts

While acknowledging that the law is “unsettled,” FERC has said that it and the bankruptcy courts have concurrent jurisdiction over power contracts, as other generators holding PG&E contracts join the fray.

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Clash of the energy titans

PG&E has filed a response to NextEra’s request to protect its power purchase agreements, by arguing that no harm has yet occurred, FERC doesn’t have jurisdiction, and that ongoing case law referenced by NextEra is not applicable.

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NextEra moves to protect its contracts in PG&E bankruptcy

The developer has filed at FERC to proactively stop any changes to its contracts, but the bankruptcy court will have the final say. The move comes as PG&E reports receiving $5.5 billion to keep it afloat during its bankruptcy.

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