An official groundbreaking held Nov. 1 kicked off a 12.37-megawatt solar carport and energy storage system project at Six Flags Magic Mountain, representing the largest single-site commercial renewable energy project in California and the largest U.S. solar project allocated toward a for-profit organization.
The utility company said two years ago it would bury 10,000 line miles to prevent wildfires, but regulators now balk at proposed rate increases to pay for the work.
But damage and economic impact cost could reach $6 billion, says a Moody's estimate, as President Joe Biden releases funds for emergency repairs and announces FEMA official as federal coordinator for long-term reconstruction
President Joe Biden disaster declaration for hard-hit historic center Lahaina and other affected areas on Aug. 10 makes federal funds available for recovery, even as fires are not fully contained.