PG&E’s net income climbs despite wildfire liability questions
Despite questions raised about the company’s liability for the fires in Northern California and a slight drop in operating revenues, net income for Pacific Gas and Electric Co. rose 41 percent for the quarter ended Sept. 30. In an earnings release Nov. 2, the company brought down its full-year earnings guidance, citing the reinstatement of Read More →
AeroVironment to supply electrical chargers for BMW, Mini
Car makers BMW and Mini selected AeroVironment to supply its electric vehicle chargers, the company announced Sept. 20. AeroVironment, based in Monrovia with operations in Simi Valley, began shipping its TurboCord charger to BMW in May. The 20-foot cord can plug into any 120-volt outlet or charge at 3.6 kilowatts when using a 240-volt outlet, Read More →
NRG moves forward with Oxnard power plant site
Despite a recent setback from the California Coastal Commission, Houston-based NRG Energy is pressing ahead with plans to build a new power plant along the Oxnard coast. If built, the company claims construction of the facility could have an economic impact of at least $93 million on the region. But the California Coastal Commission handed Read More →