Project Development, Wind Power

PG&E Adds 103-MW of Wind Energy to Its Porfolio

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.

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 percent of its future deliveries from renewable sources.

“This wind energy project will provide our northern and central California customers with clean, emission-free power,” said Fong Wan, senior vice president of energy procurement for PG&E. “Our agreement with Hatchet Ridge Wind is another important step to increasing our diverse renewable energy portfolio.”