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DTE Energy launches RfP for more solar, wind in Michigan

The Lapeer solar park. Photo by: DTE Energy (www.dteenergy.com).

September 16 (Renewables Now) - Detroit-based DTE Energy (NYSE:DTE) is issuing Requests for Proposals (RFP) targeting more solar and wind power resources in the state of Michigan.

The energy company is looking for solar projects ranging from 25 MW to 200 MW and wind projects between 100 MW and 200 MW, all of which should become operational in 2021-2023. For that period the company has proposed to add up to 775 MW of renewables to its portfolio, the statement says.

With the additional resources, DTE seeks to achieve compliance with the state's Renewable Portfolio Standard, while also delivering on its commitment to lower carbon dioxide (CO2) emissions by at least 80% by 2040, it said.

At present, DTE has about 1,200 MW of renewable power generating capacity thanks to 14 wind farms and 31 solar parks. It intends to invest some USD 2 billion (EUR 1.82bn) in renewable energy over the next five years to double its renewables portfolio, it said.

(USD 1.0 = EUR 0.908)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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