Core Insights - The Calistoga Resiliency Center (CRC) is a pioneering microgrid platform developed by Energy Vault and PG&E to enhance power resiliency in California during Public Safety Power Shutoffs (PSPS) due to wildfire risks [1][2][3] Group 1: Project Overview - The CRC serves approximately 1,600 PG&E customers and features a 293 megawatt hour (MWh) microgrid system, providing at least 48 hours of continuous energy supply with a peak output of 8.5 megawatts (MW) during PSPS events [2][3] - The facility integrates hydrogen fuel cells with lithium-ion batteries, creating a zero-emission energy solution that aligns with California's Renewable Portfolio Standard (RPS) [2][3] Group 2: Technological Innovations - Energy Vault's VaultOS™ Energy Management System orchestrates the microgrid's performance, enabling black-start and grid-forming capabilities while coordinating with PG&E's Distribution Control Center [2][3] - The use of liquid hydrogen allows for extended runtime and cost-effective resiliency services without interrupting power supply [3] Group 3: Strategic Importance - The project is part of Energy Vault's "Own & Operate" strategy, which aims to deliver long-term value through recurring revenue and community impact [3][4] - The CRC serves as a model for future utility-scale hybrid microgrid deployments, showcasing a scalable and bankable solution for regions prone to wildfires [3][5] Group 4: Financial Aspects - The project was facilitated by $28 million in financing, including the sale of the Investment Tax Credit, demonstrating Energy Vault's ability to maximize capital efficiency [4] Group 5: Broader Context - PG&E has deployed 13 distribution microgrids since 2021, with the CRC being the largest and first fully renewable system, aimed at supporting essential services during outages [7] - PG&E is also investing in community-driven microgrid initiatives, committing up to $43 million for new projects in the North Coast region [8]

Group 1 - PG&E Corporation (NYSE:PCG) is recognized as one of the best nuclear energy stocks to invest in due to its significant upside potential [1] - Morgan Stanley upgraded PG&E from 'Underweight' to 'Equal Weight' and raised its price target from $19 to $20 on September 18, 2025 [2] - Previous downgrades were related to wildfire concerns, but analysts now see a better risk-reward profile due to a replenished fund and PG&E's approximately 50% discount to sector P/E ratios [3] Group 2 - PG&E serves customers in northern and central California through its Pacific Gas and Electric subsidiary, producing electricity from various sources including nuclear, hydropower, and solar [4]

Core Points - PG&E Corporation declared a third quarter 2025 cash dividend of $0.025 per share on its common stock, payable on October 15, 2025, to shareholders of record as of September 30, 2025 [1] - PG&E's utility subsidiary announced preferred stock dividends for the three-month period ending October 31, 2025, with various rates for its eight series of preferred stock, payable on November 15, 2025 [2] Summary by Category Dividend Announcements - The third quarter 2025 cash dividend for common stock is set at $0.025 per share, with a payment date of October 15, 2025 [1] - Preferred stock dividends include: - 5.00% Series A: $0.31250 - 4.80%: $0.30000 - 4.50%: $0.28125 - 4.36%: $0.27250 - 6.00%: $0.37500 - 5.50%: $0.34375 - 5.00%: $0.31250 These dividends are payable on November 15, 2025, to shareholders of record as of October 31, 2025 [2] Company Overview - PG&E Corporation is a holding company based in Oakland, California, and serves 16 million customers across a 70,000-square-mile area in Northern and Central California through its subsidiary, Pacific Gas and Electric Company [2]

Accessibility StatementSkip Navigation Charitable Donation to Support More Than 50 Local Organizations; Additional PG&E Funding Supports Food Banks' Emergency Preparedness OAKLAND, Calif., Sept. 18, 2025 /PRNewswire/ -- The PG&E Corporation Foundation (The PG&E Foundation) is providing $1.12 million to local food banks, tribal food banks and senior meal programs to help feed the growing number of individuals and families struggling with food insecurity. The PG&E Foundation's recent contribution will provide ...

PG&E (NYSE:PCG) -1.1% in Thursday's trading despite winning an upgrade to Equal Weight from Underweight with a $20 price target, up from $19, at Morgan Stanley, which said it is now more comfortable with the utility's investment ...

Group 1 - PG&E Corporation (NYSE:PCG) is considered one of the best low-cost stocks to buy, with Jefferies analyst Julien Dumoulin-Smith maintaining a Buy rating and raising the price target from $19 to $22 [1] - The introduction of a leaked wildfire bill into SB254, which is a securitization bill, has bolstered investor confidence in PG&E as the wildfire season approaches, with the bill remaining largely unchanged from its leaked version [2] - Citi analyst Ryan Levine also reiterated a Buy rating on PG&E with a price target of $21, highlighting the company's role in providing electricity and natural gas to Northern and Central California [3]

Market Overview - The current investment landscape appears stable but is experiencing underlying chaos due to geopolitical tensions, deglobalization, rising debt levels, and supply chain disruptions [2] - Nominal growth is faster but also more volatile and unpredictable, with companies needing to find internal resilience as external support from low interest rates and inflation diminishes [2] Structural Innovations - Innovations such as AI, blockchain, GLP-1 therapies, and decarbonization are fundamentally reshaping business growth [3] - Traditional business models, particularly in software, are threatened by AI's ability to produce similar outputs at low costs [3] Economic Shifts - The year 2025 is seen as a pivotal point marking the end of the initial phase of significant economic regime shifts, with multiple macroeconomic pillars unwinding simultaneously [5] - The U.S. Treasury is now offering meaningful yields on new debt, leading to an annual interest expense approaching $1 trillion, which presents immediate fiscal challenges [10] Supply Chain and Inflation - Governments are localizing supply chains and building strategic stockpiles, leading to inefficiencies and increased costs in infrastructure and manufacturing [11][12] - A new regime of persistent inflation is anticipated, driven by constrained supply and inelastic demand, affecting affordability for consumers and corporations [13] Corporate Performance - The ClearBridge Value Strategy outperformed its benchmark, with strong contributions from sectors like utilities and communication services, particularly benefiting from AI-related developments [19][20] - The health care sector faced challenges due to regulatory concerns and rising medical costs, impacting major companies like UnitedHealth Group [21] Portfolio Positioning - A shift towards value-oriented investments is noted, with sectors tied to industrial activity and energy production expected to benefit from infrastructure rebuilding [23] - The strategy emphasizes the importance of companies with pricing power and real assets, as traditional safe havens face valuation pressures [23] Outlook - The U.S. economy is currently supported by fiscal expansion, but concerns about sustainability are rising, with tariffs and immigration policies likely to increase inflation and reduce growth [26][27] - Opportunities are identified in real assets like gold and copper, which serve as hedges against inflation and geopolitical risks [27]

Group 1 - PG&E Corporation (NYSE:PCG) is considered one of the most active stocks to buy according to Wall Street analysts, with UBS maintaining a Neutral rating and a $19 price target following a CPUC ruling on capital cost restrictions [1] - The California Public Utility Commission (CPUC) increased PG&E's capital cost limitations for energization spending by $1.47 billion beyond previously permitted levels, although this increase was less than what PG&E had requested [1] - UBS does not anticipate that PG&E will need to issue more shares to finance the increased spending authorization despite the higher capital cost constraints [2] Group 2 - PG&E Corporation, through its subsidiary Pacific Gas & Electric Company, serves over 16 million people in Northern and Central California [3] - While PG&E is acknowledged as a potential investment, certain AI stocks are believed to offer greater upside potential and carry less downside risk [3]

Core Viewpoint - The article highlights the challenges facing the solar energy sector in the U.S., particularly the abandonment of solar panels and the operational difficulties of major solar projects, indicating a potential crisis in renewable energy transition [1][3][5]. Group 1: Industry Challenges - Many solar farms are struggling to meet production targets, facing technical failures and extreme weather impacts [5]. - The once-promising solar energy revolution is now revealing deep flaws in planning, sustainability, and execution [5]. - The Ivanpah solar power plant, once a symbol of clean energy ambition, is facing an early closure due to competition from newer, cheaper solar technologies and environmental concerns [9][11]. Group 2: Environmental and Economic Impact - The Ivanpah plant, which cost $2.2 billion to build, is set to close two of its three units by 2026, 13 years earlier than planned, if PG&E's exit is approved [9][11]. - Environmental groups have raised alarms about the plant's impact on local wildlife, with thousands of birds dying annually due to intense light reflections [10]. - The strong light reflections from the plant pose a visual hazard to drivers on nearby highways, highlighting the environmental costs associated with solar energy projects [10]. Group 3: Future Prospects - NRG Energy, the plant's owner, has suggested a potential transition to conventional solar panel projects but has not disclosed details on costs or plans for existing equipment [11]. - Despite setbacks, other companies in the industry are finding new growth paths through technological advancements and innovative business models [11].

Group 1 - The utilities sector is showing signs of potential overbought conditions, particularly for two stocks, PG&E Corp and Atmos Energy Corp, which may concern momentum-focused investors [1][2] - The Relative Strength Index (RSI) is a key momentum indicator, with values above 70 indicating overbought conditions [2] Group 2 - PG&E Corp reported disappointing quarterly earnings on July 31, despite a 16% stock increase over the past month, with an RSI value of 73 and current trading price of $15.48 [7] - Atmos Energy Corp exceeded Q3 financial expectations and raised its FY25 EPS guidance, with a stock increase of around 6% over the past five days, an RSI value of 70.8, and current trading price of $165.64 [7]