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The 650 MW offtake and completion of a 100 MW park signal meaningful renewables growth and revenue visibility for DTE, potentially lifting sentiment and modestly supporting the stock.
What happened, with direct paths to the underlying reporting
DTE Energy completed the 100 MW Cold Creek Solar Park near Coldwater, Michigan, advancing Ford's decarbonization goals. Ford will purchase up to 650 MW of renewable energy through DTE's MIGreenPower program, targeting 100% carbon-free electricity for Michigan-made vehicles by 2027. The collaboration underscores growing corporate demand for Michigan-based renewables and strengthens DTE's renewable expansion trajectory.
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