DTE Energy Announces Coal Exit, Renewables Buildout

July 14, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Leading Michigan utility DTE Energy Company (NYSE:DTE) (Detroit, Michigan) has joined other U.S. utilities in pledging an exit from coal and a buildout of renewable energy in order to achieve its net-zero carbon emissions goals by 2050. DTE last year signed power purchase agreements with carmakers Ford Motor Company (NYSE:F) (Dearborn, Michigan) and Stellantis NV (NYSE:STLA) (Hoofddorp, Netherlands), paving the way for increased solar power production in Michigan.