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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

Plans for Mainland China Electric Restructuring Due This Year

LCG, Oct. 29, 2001--The president of mainland China's State Power Corp. says a massive plan for restructuring the country's electric industry, including a breakup of its generating sector, should be completed by the end of this year, the South China Morning Post reported today.

Restructuring the power industry is of major interest to the Chinese government, said Gao Yan, head of State Power, because Beijing wants to make the industry more responsive and drive down costs through competition.

Premier Zhu Rongji is known to be eager to see the industry, famous for price gouging, made subject to market discipline, the paper said.

At present, State Power controls the Chinese transmission grid and has a generating capacity of 150,000 megawatts, about half the country's total. According to insiders, the restructuring plan will call for "unbundling" of State power into generation, transmission and distribution, with the formation of an electricity pool system based on market prices.

Gao said Beijing would decide before January 1 whether to lift a ban that prevents private firms from acquiring generation assets. If the ban is lifted, there would be opportunities for Chinese power producers to acquire some of State Power's facilities.

The restructuring plan also will include a provision replacing China's provincial power bureaus with power generation companies that can compete across the country.

Lifting of the ban would also benefit China's two existing power producers, Beijing Datang Power Generation and Huaneng Power International.

Huaneng Power was established in 1994 to develop, construct, own and operate large coal-fired power plants and has installed capacity of 8,700 megawatts. Beijing Datang owns and operates four power plants with a total installed capacity of 4,050 megawatts.

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