DTE Energy Seeking Developers for New Renewable Energy Projects to Advance Electric Generation Transformation
DTE Energy (NYSE:DTE) announced the company is seeking proposals for renewable energy projects totaling approximately 1,075 megawatts to support DTE Electric’s CleanVision Integrated Resource Plan (IRP); continued demand for the company’s MIGreenPower program; and Michigan’s new renewable energy standard of 60% by 2030. Each of these initiatives are prerequisites for DTE’s overarching carbon reduction goals.
To advance these decarbonization efforts, DTE is issuing a Request for Proposal (RFP) for new wind and solar projects. Approximately 1,075 megawatts of projects are being requested to achieve commercial operation by March 31, 2027. Projects must be located in Michigan and interconnected to the Midcontinent Independent System Operator or distribution level transmission. Interested bidders should register their company information on the PowerAdvocate website and, once registered, can attend a virtual pre-RFP conference on March 5, 2024. Bids are due May 14, 2024, and the company anticipates executing contracts this fall.
“DTE is committed to transforming the way we generate energy while maintaining reliability and affordability for our customers. As a result, we continue to be the state’s leading producer of and investor in utility-scale renewable energy projects,” said Joseph Musallam, vice president, Renewable Sales and Project Development. “Our existing wind and solar parks are reducing Michigan’s carbon footprint while providing jobs, tax revenue and additional benefits to local communities across the state, and future developments will continue to grow our clean energy economy.”
DTE’s renewable energy portfolio currently includes 20 wind parks and 33 solar parks, which together generate enough clean energy to power more than 750,000 homes. The company plans to add 1,000 megawatts of new wind and solar each year starting in 2026. By 2042, DTE expects to have more than 15,000 megawatts of renewable energy generation capacity, enough to power approximately 4 million homes.
DTE | dtecleanenergy.com