SunPower contracting to sell solar power to PG&E

Dive Summary:

SunPower Corporation has completed a deal with Pacific Gas and Electric (PG&E) that will see PG&E buy solar-generated electricity from SunPower's Henrietta Solar Project in Kings County, Calif.
The California Public Utilities Commission will have to approve the new contract for the deal to go into effect.
PG&E's move will help it to be in compliance with a California mandate requiring investor-owned utilities to get at least 33% of their electricity from renewable sources by 2020.

From the article:

SunPower Corporation (SPWR) has entered into a purchase power agreement to sell electricity to Pacific Gas and Electric (PG&E), a subsidiary of PG&E Corporation (PCG), from its 100-megawatt (:AC) Henrietta Solar Project in Kings County, California.

Currently, the contract is dependent on the approval of the California Public Utilities Commission and SunPower's ability to complete all applicable permits. ...