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DTE Energy Invests in 1.5 GW of Michigan-made Battery Energy Storage Systems for Eight Projects

LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.

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Microsoft and Avangrid Sign PPA for Bluebird Solar Project in Washington State

LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.

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Industry News

CPUC Approves $850 Million More In Power Bonds

LCG, August 13, 2002-Yesterday the California Public Utilities Commission approved an additional $850 million in bonds to recover funds lost in buying high-priced electricity during California's energy crisis.

The bonds, originally priced at $11.1 billion and now $11.95 billion, are intended to improve the debt's credit rating, which will in turn diminish interest payments on the debt.

Bonds will be paid down as part of monthly electric bills to utility customers, specifically the customers of Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric.

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