Ravi Manghani, director of energy storage at the research and consulting firm Wood Mackenzie Power and Renewables, said existing clean-energy contracts “will likely get renegotiated,” with project owners being forced to accept lower payments. But in the long run, he said, California officials “are still committed to the renewable future, and it’s not like the region’s resource and reliability needs disappear with the bankruptcy.”
Source: “Los Angeles” – Google News