http://www.bizjournals.com/sacramento/stories/2008/08/04/daily34.htmlPacific Gas and Electric Co. has received a large number of bids for solar power projects and solar thermal power plants under its 2008 renewable energy solicitation.
In an earnings conference call with analysts and investors on Wednesday, Peter Darbee, chairman and chief executive of PG&E Corp. and president and CEO of its utility subsidiary, said the company has seen more bids for solar projects than it has seen historically. Darbee declined to go into detail on the submissions.
The utility solicited offers for new renewable power generation in March, and bids were due in early May. By July 1, it expected to select a shortlist of projects, with the execution of final agreements approved by Dec. 31.
The 2008 request for offers was the utility's sixth since 2002.
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