US watchdog recommends Energy Department halt loans to green projects

The U.S. Department of Energy's inspector general calls for halting green project loans due to potential conflicts of interest, prompting a defense from the DOE and LPO leadership.

PG&E secures record $15 billion loan for climate change projects

The Biden administration has approved a historic $15 billion loan to PG&E to fund climate projects, enhance the electrical grid, and reduce costs for consumers.

U.S. to grant PG&E $15 billion for grid upgrades- report

The U.S. Department of Energy will give PG&E a $15 billion loan to upgrade infrastructure and support hydroelectric facilities amid rising energy demands and extreme weather events.

US agrees to $15 billion loan to PG&E, WSJ reports

The U.S. will provide a $15 billion loan to PG&E for climate resilience and grid upgrades, amidst rising challenges from extreme weather and demand in California.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.29%

U.S. stocks had a mixed performance with notable gains in technology and consumer sectors, while utilities and telecoms struggled. Some shares reached new highs and lows.

PG&E to raise $2.4 billion in stock offerings; shares drop

PG&E shares fall after launching $2.4 billion equity capital raise

PG&E shares fell 7% after announcing a $2.4 billion stock offering to fund corporate purposes and capital plans, despite a significant increase in adjusted net income.

PG&E stock falls on $1.2B common, preferred stock offerings

PG&E Corporation announced $2.4 billion in public offerings, causing a 3% drop in share prices, as it seeks to enhance its capital structure and invest in growth.

California's only nuclear plant to use AI to help comply with new licensing challenges

Diablo Canyon nuclear plant in California will utilize AI to manage aging systems and comply with licensing requirements, improving efficiency and document accessibility.

Morning Bid: Fed and BOE decide as US House awaited, Germany jarred

Global markets reacted positively to Trump's election, with rising stocks and bond yields, anticipation of central bank rate cuts, and political uncertainties affecting forecasts.