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MPSC Approves DTE Energy Renewable Energy Purchase

Stock quotes in this article: DTE

DETROIT, Sept. 10, 2013 /PRNewswire/ -- The Michigan Public Service Commission has approved DTE Energy's (NYSE: DTE) contract to purchase 20 megawatts (MW) of renewable energy from a subsidiary of Heritage Sustainable Energy, a Michigan wind energy producer.

The energy produced for DTE Energy under the 20-year contract will come from Big Turtle Wind Farm LLC, which will cover 2,800 acres in Rubicon Township in Huron County in Michigan's Thumb area. DTE Energy will purchase all of the power produced at the wind park, expected to be operational by late 2014. The 20 megawatts is enough to power about 9,000 homes.

The wind park will comprise a minimum of 50 percent Michigan content and feature new technology advanced by Ventower Industries of Monroe and other Michigan suppliers. The Big Turtle Wind Farm will have 10 2-MW turbines and will be the first wind park in Michigan to incorporate all Ventower towers.

The contract is part of DTE Energy's efforts to expand the company's renewable energy resources and meet the state's renewable energy goals. DTE Energy expects to add more than 900 MW, or 10 percent of its power, by 2015. The contract will bring DTE Energy's renewable energy portfolio, with contracts signed or projects in operation, to 9.8 percent.

DTE Energy plans to own facilities to supply up to half of that power and contract with third-party producers, such as Heritage, for the rest. Most of that power will come from wind resources.

SOURCE DTE Energy

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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