Ford Inks Renewable Energy Agreement With DTE Energy

Ford Inks Renewable Energy Agreement With DTE Energy
  • Ford Motor Co F has signed an agreement with DTE Energy Co DTE for clean energy.
  • Under the agreement, DTE will add 650 megawatts of new solar energy capacity in Michigan for Ford by 2025. 
  • Ford is purchasing carbon-free electricity through DTE's MIGreenPower program.
  • DTE estimates that the construction of the solar arrays will create 250 temporary jobs and 10 permanent jobs.
  • "This unprecedented agreement is all about a greener and brighter future for Ford and for Michigan," said Jim Farley, president and CEO, Ford.
  • Price Action: F shares are trading higher by 1.61% at $15.44 on the last check Wednesday.
  • Photo Via Company

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