Westlake Village-based Energy Vault will be listed on the New York Stock Exchange in the coming weeks, if its merger with a special purpose acquisition company gets final approval at the SPAC’s shareholder meeting on Feb. 10. Energy Vault, which uses a gravity-based system to store energy generated by renewable sources, announced plans in September Read More →
Santa Barbara County prosecutors have settled criminal and civil cases against the trucker and trucking company responsible for a March 2020 oil spill outside of Santa Maria. Jesse Villasana was driving an oil tanker truck for Golden Valley Transfer on March 21, 2020, on his way from Bakersfield to Santa Maria, when the tanker detached Read More →
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Southern California Edison is facing more than $500 million in state penalties and disallowances for its role in five Southern California wildfires in the company’s territory in 2017 and 2018, including the massive Thomas Fire in Ventura and Santa Barbara counties. On Dec. 16, the California Public Utilities Commission announced it approved penalties and permanent Read More →
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This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Betting on Pacific Gas & Electric to get big things right has proven to be a risky gamble. From deadly natural gas explosions to massive fires caused by faulty power lines to rolling blackouts, PG&E has more often gotten the big things wrong. Which is why a recent study about the future of the Diablo Read More →