DTE Energy is actively expanding its
solar power infrastructure, having recently broken ground on more
solar parks all funded by the company’s MIGreenPower program. The company has also begun the first phase of its 800 MW solar project portfolio. DTE's renewable initiatives are part of the reasons why some are considering adding DTE Energy's Stock to their portfolios. However, the company is facing some backlash from residents over its
proposed rate increase. Despite the controversy, the energy provider recently hit a 52-week high at $127.62 amid strong growth. The company also announced that it will build a
power storage center at a former coal plant site and is looking for
developers for new renewable projects. Some criticisms have been raised regarding the frequency and duration of DTE's power outages. Michigan utilities DTE Electric Co. and Consumers Energy Co. are facing onslaughts over power outage issues.
Dte Energy Company DTE News Analytics from Tue, 26 Dec 2023 08:00:00 GMT to Sun, 29 Sep 2024 11:04:29 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -5
