PG&E negotiates price cuts on five solar, battery contracts

(Reuters) - PG&E Corp on Thursday told a U.S. bankruptcy judge that it had reached agreements to cut prices by at least 10% on five power contracts, according to court papers. The company said it had reached the deals with three energy generators and storage providers, including Recurrent Energy, a unit of Canadian Solar Inc, as well as energy storage providers mNOC AERS LLC and Hummingbird Energy Storage LLC.

The post PG&E negotiates price cuts on five solar, battery contracts appeared first on Firstpost.

from Firstpost https://ift.tt/2ZplWZ5
via IFTTT