According to the LA Times Travel Blog:
The Electrical Parade marks its return engagement at Disney’s California Adventure on Friday night with Tinker Bell taking over the lead float position from the Blue Fairy.
The new Tink float features a magic wand-wielding face-character waving from the basket of a hot-air balloon amid a sea of shimmering emerald green lights.
The Electrical Parade reboot also includes a return of the mothballed Snow White and Pinocchio floats, upgraded audio of the classic theme song and a sprinkling of “pixie dust” lighting on all the old floats.
Disney has wrapped a series of nighttime shows into a Summer Nightastic promotion that includes the Electrical Parade, a new Magical fireworks show featuring a flying Dumbo and an upgraded Fantasmic featuring Flotsam and Jetsam eels (and eventually a 40-foot-tall Maleficent dragon).