MendoCoastCurrent, November 21, 2008
San Francisco — Pacific Gas and Electric Company (PG&E) announced that it has entered into a long-term agreement with Hatchet Ridge Wind LLC, a subsidiary of Babcock & Brown, to purchase up to 103 megawatts (MW) of wind energy. The project will generate up to 303 gigawatt-hours of renewable energy annually. This is equivalent to the energy needed to serve nearly 44,000 homes on an annual basis.
“This wind energy will provide our northern and central California customers with clean, emission-free power,” said Fong Wan, Sr. VP of Energy Procurement for PG&E. He added that, “our agreement with Hatchet Ridge Wind is another important step to increasing our diverse renewable energy portfolio.”
The Hatchet Ridge Wind project will be located on a portion of Hatchet Mountain in Burney, California. Babcock & Brown said that deliveries from the project are expected to begin by December 31, 2009. Since 2002, PG&E has entered into contracts for more than 24% of its future deliveries from renewable sources. On average, more than 50% of the energy PG&E delivers comes from generating sources that emit no carbon dioxide, making PG&E’s energy among the cleanest in the nation.