Ford And DTE Energy: Largest Renewable Energy Purchase in the U.S.

Ford recently announced in a press release that, via a new clean energy purchase with DTE Energy (NYSE: DTE), the blue oval company will soon be able to attribute all its electricity supply in Michigan to clean energy. This is a substantial step toward Ford’s goal to achieve carbon neutrality across all its vehicle development and services.

The purchase agreement is a specialized development through DTE’s MIGreenPower program and is the largest renewable energy transaction made in the United States from a utility. Based on data collected by the Solar Energy Industries Association, once established, the purchase agreement’s new electric arrays will boost the total amount of activated solar energy.

DTE will introduce 650 MW of new solar power through its MIGreenPower program, leading to a nearly 70% increase in the total amount of installed solar in Michigan. in Michigan by nearly 70%. The agreement is happening amid an increasing level of corporate renewable energy purchases in the U.S. and moves by other businesses to have 100% of their energy needs met by renewable sources.

“This unprecedented agreement is all about a greener and brighter future for Ford and for Michigan,” Jim Farley, president and CEO, Ford Motor Company, said in a statement. “Today is an example of what it looks like to lead… to turn talk into action.”

As of this year, Ford has more than 600 businesses enrolled in the energy program along with more than 62,000 residential customers. Every year, MIGreenPower customers have enrolled 2.8 million megawatt hours of clean energy in the program, which has the environmental benefit equivalent to avoiding 2.2 million tons of carbon dioxide emissions. DTE is Michigan’s largest producer of renewable energy and the company plans to add thousands of megawatts of new clean energy projects to support the program.

Michigan has been the home state for Ford since the company was created in 1903. And since 2016, Ford has invested almost $10 billion in the state and developed or retained over 10,000 jobs. This includes refurbishing Michigan Central Station, developing a new Ford Research and Engineering campus in Dearborn, creating Ford’s Ion Park in Romulus and more.

Keep up to date with all of Ford’s environmental and electrified developments at George Wall Ford!