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Ford and DTE PPA to Accelerate Michigan's Solar Generation

Ford and DTE PPA to Accelerate Michigan's Solar Generation

Ford and DTE PPA to Accelerate Michigan

August 16, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Ford Motor Company (NYSE:F) and DTE Energy Company (NYSE:DTE) (Detroit, Michigan) last week announced a power purchase agreement (PPA) to add 650 megawatts (MW) of solar power for Ford in Michigan by 2025, which would increase the state's amount of installed solar power by about 70%, according to data from the Solar Energy Industries Association (SEIA). Industrial Info is tracking $2.7 billion worth of solar projects in Michigan that have a high and medium probability (70-99%) of moving forward as planned.

Other companies featured: CMS Energy Corporation (NYSE:CMS), Invenergy LLC (Chicago, Illinois) and AES Corporation (NYSE:AES) (Arlington, Virginia)

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