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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

Enron Won't Increase Stake in India's Dabhol Project

LCG, Jan. 25, 2001Enron Corp. this morning scotched reports that it would increase its stake in Dabhol Power Co., the huge 2,184 megawatt power project in the Indian state of Maharashtra. The company said, in fact, that it will continue with plans to sell a portion of its ownership in the facility.

In a statement, Enron explained that plans laid out for the project four years ago specified that the U.S. company would own only 50 percent of Dabhol. Enron will have to sell about 15 percent of the project to meet that condition.

Yesterday, Indian newspapers reported that a government committee had approved a proposal by Enron to increase its ownership to 80 percent. The extra 30 percent sounds suspiciously like the 30 percent of Dabhol the Maharashtra Electricity Supply Board was supposed to own. The MSEB now owns 15 percent of Dabhol, but has said it would be unable to acquire the additional 15 percent now owned by Enron and has been disingenuous in recent statements about its part in Dabhol.

Enron said the newspapers could have misinterpreted a proposal it made about the second phase at Dabhol. "You can't look at the second phase as a separate unit. You have to look at Dabhol PowerCompany as a whole and there our stake today stands at 65 percent," an Enron spokesman said.

Enron India said the proposal was for the company to transfer 15 percent ownership in Dabhol to another Enron affiliate. "Technically, Enron is simply splitting its existing equity structure into two separate Enron-owned companies, one holding 50 percent of DPC equity and one holding 15 percent to facilitate the sell down," the company said.

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