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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

China's Gas Market To Allow Foreign Investment

LCG, Dec. 10, 2002--Ownership of local natural gas distribution networks by foreign investors will be allowed by the Chinese government, China Daily reported.

Xu Dingming, director-general of the Industrial Development Department of the State Development Planning Commission, said yesterday, "Overseas investors are encouraged to invest in or take controlling shares in local gas distribution networks along the trunklines." In April, investment rules indicated that controlling stakes should be held by foreign companies in joint ventures in major cities, including Shanghai and Beijing. The guidelines issued then marked the opening of the country's gas infrastructure to foreign investment.

Already, companies in Hong Kong have negotiated deals with growing cities in the Shangdong, Jiangsu and Guangdong provinces. Projections have put annual growth of China's demand for natural gas at 10 percent, encouraged in part by the government's wish to reduce the country's dependence on coal. A 4,000-kilometer (approximately 2,500-mile) west-east pipeline has been under construction since July, and will allow further linkages between different regions of the country, and with Russia.
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