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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

New Hampshire Regulators to Auction Seabrook Nuke

LCG, Dec. 3, 2001--The New Hampshire Public Utilities Commission said this morning it has retained the investment banking firm of JPMorgan as exclusive financial advisor to conduct an auction sale of 88.2 percent of the Seabrook nuclear power plant, which is expected to be completed by the end of 2002.

Seabrook is a 1,160 megawatt pressurized water facility located 13 miles south of Portsmouth, N.H., and one of the largest power plants in New England. The commission said the sale would include buildings and components of a second Seabrook unit which was never completed.

The selling owners of Seabrook, owning 88.2 percent of the plant among them, include North Atlantic Energy Corp. with 35.98 percent ownership, The United Illuminating Co.(17.50 percent), Great Bay Power Corp. (12.13 percent), New England Power Co. (9.96 percent), The Connecticut Light & Power Co. (4.06 percent), Canal Electric Co. (3.52 percent), Little Bay Power Corp. (2.90 percent) and New Hampshire Electric Cooperative Inc. (2.17 percent).

The commission said the auction is being conducted in accordance with New Hampshire and Connecticut restructuring laws. General Counsel Gary Epler said "We are pleased to begin the auction process and look forward to executing a timely process which will maximize the value of Seabrook and reduce stranded costs for customers."

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