California utility Pacific Gas and Electric Co (PG&E), part of PG&E Corporation (NYSE:PCG), announced on Tuesday that it has achieved its home state’s 2020 renewable energy goal three years ahead of schedule.
The company said that 33% of its electricity in 2017 came from renewables such as solar, wind, geothermal, biomass and small hydroelectric sources. Moreover, some 78.8% of its total electric power mix comes from greenhouse-gas (GHG) free resources including nuclear, large hydro and renewables.
PG&E continues to invest in renewables, the grid and electric vehicle (EV) infrastructure, and is on track to reach California’s 2030 goal of 50% renewables ahead of schedule. The same goes for the company’s separate target of 55% renewables by 2031, it noted.
The utility’s current renewable power mix includes solar, wind, geothermal, bio-power and small, eligible-renewable hydroelectric energy. It said it has also hooked to the grid over 340,000 customers with private rooftop solar installations.