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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

Halliburton’s COO Named as El Paso Corporation’s New CEO

LCG, July 17, 2003Pipeline giant El Paso Corporation named Douglas Foshee as its new chief executive and president on Wednesday.

Foshee, at age 44, has been at Halliburton since 2001. He began as chief financial officer and was later named COO. Prior to his position at Halliburton he ran oil and gas company Nuevo Energy Co., as well as serving in several positions at ARCO.

El Pasos current director and CEO, Ronald Kuehn, will stay employed as non-executive chairman.

El Paso has faced much scrutiny over the recent years, both legally and from dissident shareholders. The corporation has already started restructuring, emphasizing its natural gas pipeline assets and foregoing several other avenues of investment.

Foshee has successfully lead restructuring efforts in the past and will be responsible for restoring shareholder confidence when he takes up the job in September at a salary of $900,000 per year.

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