Automaker Stellantis signed the second largest corporate power purchase agreement on record today to procure 400 MW of new solar development in Michigan under DTE Energy’s MIGreenPower program.
The utility program will enable Stellantis to power its 70 manufacturing and office facilities in Michigan with 100% solar energy by 2026, which will reduce the company’s emissions in North America by 50% and overall manufacturing facilities by 30%.
The clean energy commitment represents BloombergNEF’s second largest corporate PPA on record, with capacity enough to supply 130,000 households annually.
The 400 MW agreement comes behind the 650 MW solar agreement signed by its rival Ford in August with DTE Energy to provide clean power to its respective Michigan operations.
Stellantis committed to increasing self-consumption and on-site renewable energy generation in its global manufacturing operations under the 2021 ESG plan. In 2021, the company consumed 16,058 GWh of energy, with renewables accounting for 7.5%.
In Europe, the company has signed 12,000 MWh and 4,000 MWh of solar PPAs in Zaragoza, Spain and at the Mangualde manufacturing plant in Portugal, respectively.
DTE Energy, Michigan’s largest renewable energy producer, has procured more than 800 businesses and more than 75,000 residential customers to date with its MIGreenPower program. On an annual basis, MIGreenPower customers have contributed to 4 MWh of clean energy in the program.
DTE’s CleanVision Integrated Resource Plan, filed with the Michigan Public Service Commission last month, proposes to increase investment in solar and wind energy, accelerate the retirement of coal plants, and invest in the development of new energy storage – all of which reinforce its commitment to cleaner energy.
If the CleanVision plan is approved by regulators, the utility will add new renewable energy projects with more than 15 GW capacity over the next two decades.