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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

El Paso Replaces CEO

LCG, March 13, 2003El Paso Corporation announced that CEO William A. Wise is officially stepping down as CEO and that a new CEO has been chosen to take interim office.

Ronald Keuhn, Jr. will take Wises place while a permanent CEO is sought.Keuhn, who is 66, has served as a business consultant for two years and was non-executive chairman for the corporation for 14 months in 1999 and 2000.

The corporations decision to replace Wise comes at a time when shareholders have been seeking to replace El Pasos board members.

One of the companys largest shareholders, Selim K. Zilkha, has been at the head of the effort of change the board and owns some 8.9 million shares. The shares have dropped in value over the last two years by nearly $600 million.

Wise will continue to receive his salary plus half of his yearly bonus, in addition to pension benefits, for three years.

El Paso is the countrys largest natural gas pipeline company.

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