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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

PG&E Sues State over Seized Contracts

LCG, July 18, 2001Pacific Gas & Electric Co. yesterday sued the state of California seeking reimbursement for million of dollars worth of electric power contracts seized by Gov. Gray Davis on January 31.

Davis, citing his emergency powers, seized the contracts because he feared PG&E, which subsequently filed for protection under Chapter 11 of the bankruptcy laws in April, would liquidate them to raise money to help pay its debts.

The now-defunct California Power Exchange, through which all state power transactions were made, also wanted to seize the contracts because the utility owed it money.

The governor's office agrees that the state owes PG&E for the contracts, but no one knows how much those contracts are worth. When they were taken, the state estimated their value at $160 million, but the power exchange thought they were worth $347 million.

Because the contracts call for delivery of electricity to the utility at prices lower than the current market price and considerable more lower than the price at the time they were seized it is difficult for anyone to place a value on them. Davis wants a judge to determine their value.

Steve Maviglio, speaking for the governor, said "We seized the contracts to have reasonable priced power and expected that price to be set in a neutral forum."

In its suit, filed at Superior Court in San Francisco, PG&E said it "has received no compensation for the damage to its property."

PG&E spokesman Ron Low said the company believes "the state has benefited from the value of our contracts, and as a result we should be compensated."

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