The structures can add hundreds of miles to vehicle range with only a 30-minute charge, the utility says.
News & Analysis: PG&E
Two high-profile hedge fund managers bought into hot new IPOs, and another went for a value stock emerging from bankruptcy.
The company stands accused of not properly informing Californians of the outages.
America's newest mega-battery warehouse will be 22% bigger than Australia's.
The utility, which recently emerged from Chapter 11 after a restructuring, has now been deemed responsible for the 2019 Kincaid fire.
The California utility issued a common stock offering at $9.50 per share as well as a separate sale of equity units.
Markets were little changed to start the session on Wednesday.
84 people died in the Camp Fire that investigators determined was the fault of reckless maintenance of the utilities transmission system.
With the company winding down its restructuring, its CEO has his eye on the exit.
A good ruling in bankruptcy court has investors excited about this utility stock.