DTE Energy, based in the US, and Stellantis, an automotive manufacturer, plans to build 400 MW of solar power in Michigan as part of DTE’s MIGreenPower voluntary renewable energy programme. The additional capacity will be sufficient to power 130,000 houses and reduce carbon emissions by more than 670,000 tpa. Stellantis will be able to source all of the electricity for 70 of its facilities in southeast Michigan from solar by 2026 due to its involvement in the MIGreenPower programme.
According to reports, this clean energy pledge represents the second-largest renewable energy purchase in US history. Additionally, it will enable Stellantis to cut its carbon emissions by 50 per cent in North America and by 30 per cent throughout all of its manufacturing plants. DTE Energy’s MIGreenPower programme currently has more than 800 businesses and more than 75,000 residential customers enrolled as members.
In August 2021, DTE Energy announced that ZF North America joined DTE’s MIGreenPower initiative. MIGreenPower is an optional renewable energy programme that allows DTE Electric customers to attribute a higher per cent of their electricity use to DTE’s wind and solar projects than the 15 per cent already included in their energy mix.
REGlobal’s Views: Corporates and industries worldwide are increasingly switching to renewable energy procurement through direct power purchase agreements with developers. This not only helps attract investors and consumers, but also ensures energy security and affordable power when compared to rising fossil fuel based power prices.