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    Home»Solar»Stellantis signs second-largest corporate PPA in US history – pv magazine International
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    Stellantis signs second-largest corporate PPA in US history – pv magazine International

    By December 13, 2022No Comments3 Mins Read
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    Stellantis – the maker of Chrysler, Dodge, Fiat and Jeep autos – signed the second largest company energy buy settlement in the US, after Ford.

    December 13, 2022 Michael Schoeck

    From pv journal USA

    Automaker Stellantis has signed the second-largest company PPA on document, to buy 400 MW of latest photo voltaic in Michigan beneath utility DTE Power’s MIGreenPower program.

    With its participation within the utility program, Stellantis will be capable of attribute 100% of its electrical energy use in 70 Michigan manufacturing and workplace amenities to photo voltaic by 2026. That may scale back the corporate’s emissions within the North America by 50% and the whole manufacturing amenities by 30% of the entire.

    The clear power dedication represents BloombergNEF’s second largest company PPA on document, and the DTE Power settlement represents sufficient clear power to energy 130,000 properties yearly. The 400 MW settlement follows a 650 MW photo voltaic settlement that rival automaker Ford signed with DTE Power in August to offer clear energy at their respective Michigan operations.

    “Whereas at this time and this historic settlement is about clear and environment friendly energy, I need to counsel that at this time can also be concerning the energy of partnership on this new period of sustainable mobility,” mentioned Mark Stewart, chief working officer of Stellantis North America.

    DTE Power’s MIGreenPower program has bought greater than 800 companies to this point in addition to greater than 75,000 residential clients. On an annual foundation, MIGreenPower clients contribute 4 million megawatt hours of fresh power to this system. Extra data and enrollment within the utility program will be discovered right here.

    DTE is the biggest producer of renewable power in Michigan. Within the CleanVision Built-in Useful resource Plan filed final month with the Michigan Public Service Fee, DTE proposed rising investments in photo voltaic and wind power, accelerating the retirement of coal crops, and investing within the improvement of latest power storage. power – all reinforce DTE’s dedication to cleaner power. .

    If the CleanVision plan is permitted by regulators, the utility will add greater than 15 GW of latest renewable power tasks over the following 20 years.

    Michigan at present ranks twenty fourth in the US for photo voltaic installations, receiving 0.8% of its electrical energy from its 937.7 MW put in, based on the Photo voltaic Power Industries Affiliation. The state has greater than 3.5 GW of growth-stage property for deployment over the following 5 years.

    Stellantis has dedicated to a 2021 plan that requires rising self-production and on-site renewable power technology at its world manufacturing operations. In 2021, the corporate will eat 16,058 GWh of power, of which renewable power is 7.5% of its use.

    In Europe, the corporate signed 12,000 MWh PPA agreements in Zaragoza, Spain to accumulate solar energy and 4,000 MWh of photo voltaic on the Mangualde manufacturing plant in Portugal. Its Zaragoza plant is the biggest self-generated renewable power challenge in Spain, with 19,200 PV modules put in with a complete energy capability of 8.64 MW.

    In Asia, Stellantis operates its facility in Ranjangaon, India, with wind and photo voltaic power of about 8.5 GWh per 12 months.

    This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: editors@pv-magazine.com.

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