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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

FirstEnergy Completes Sale of Hydroelectric Power Stations with a Combined Capacity of 527 MW

LCG, February 13, 2014--FirstEnergy Corp. announced yesterday that it has completed the sale of 11 hydroelectric power stations to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP, for approximately $395 million.? The total capacity of the hydroelectric facilities is 527 MW and represents less than 3 percent of FirstEnergy's generation fleet output. The sale includes the Seneca Pumped-Storage Hydro Plant (451 MW), located in northwestern Pennsylvania.

FirstEnergy announced its interest to sell the plants in May 2013, with the intent to use the sales proceeds to reduce debt. A sales agreement with Harbor Hydro Holdings was reached in August 2013, and FirstEnergy applied for authorization from the Federal Energy Regulatory Commission (FERC) to sell the hydroelectric power stations in September 2013.

The hydroelectric power stations included in this sale are owned by FirstEnergy Generation, LLC, Allegheny Energy Supply Company, LLC and Green Valley Hydro, LLC. The sale includes the following facilities: Seneca Pumped-Storage (451 MW) in Warren, Pennsylvania; Allegheny Lock & Dam 5 (6 MW) in Schenley, Pennsylvania; Allegheny Lock & Dam 6 (7 MW) in Ford City, Pennsylvania; Lake Lynn (52 MW) in Lake Lynn, Pennsylvania; Millville (3 MW) in Millville, West Virginia; Dam 4 (2 MW) in Shepherdstown, West Virginia; Dam 5 (1.2 MW) in Falling Waters, West Virginia; Warren (750 kW) in Front Royal, Virginia; Luray (1.6 MW) in Luray, Virginia; and Shenandoah and Newport (860 kW and 1.4 MW, respectively) in Shenandoah, Virginia.

FirstEnergy subsidiary Allegheny Generating Company continues to own 1,200 MW of the 3,000 MW Bath County Pumped-Storage Hydro facility in Warm Springs, Virginia. In addition, FirstEnergy subsidiary Jersey Central Power & Light (JCP&L) continues to own 200 MW of the 400 MW Yards Creek Pumped-Storage Hydro facility in Blairstown, New Jersey.
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