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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

PSE&G Transfers Generation Assets to Affiliate

LCG, Aug. 22, 2000--Public Service Electric & Gas Co. said yesterday that it has transferred its electric generating facilities to PSEG Power, an unregulated power producing affiliate. The transfer was made in conformance with the companys restructuring order issued by the New Jersey Board of Public Utilities.

The power plants and other assets will be transferred at the price specified in the order, which is $2.443 billion plus $242 million for other generating related assets such as fuel, materials, and supplies.

If a court decision upholding the Boards restructuring and securitization orders regarding PSE&G is modified by an appeal now before the New Jersey Supreme Court, PSE&G and PSEG Power will execute a supplemental agreement to reflect any change in the value of the assets.

PSE&G said the transfer was completed within the year allowed by the Board of Public Utilities.

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