DTE Energy completes its third new solar park of 2025, while partnering with communities to drive economic development in local townships

11.06.25 18:53 Uhr

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Polaris Solar Park will power more than 23,000 homes with clean, renewable energy and deliver millions in tax revenues

DETROIT, June 11, 2025 /PRNewswire/ -- DTE Energy (NYSE: DTE), Michigan's largest producer of and investor in renewable energy, announced at a ribbon-cutting ceremony today that it has completed construction on its Polaris Solar Park. Located in Washington and North Star Townships in Gratiot County, the 100-megawatt solar park will generate enough clean energy to power more than 23,000 homes when it comes online this summer.  

"DTE is committed to growing our portfolio of clean, Michigan-made renewable energy as part of our broader generation mix to support the evolving energy needs of our customers," said Matt Paul, president and chief operating officer, DTE Electric. "This continues to be the most active period of renewable energy development in DTE's history, which also enables us to partner with local communities to help drive economic development and improve the lives of residents in towns across Michigan." 

Since 2009, DTE's investments in renewable energy have created an estimated 20,000 jobs in Michigan. Polaris Solar will bring Gratiot County, Washington Township and North Star Township significant added tax revenue over the life of the project, which can be used by the local communities and county for roads, first responders, libraries and other vital community services. This is in addition to the $42 million in tax revenue driven by DTE's three existing wind parks in Gratiot County.  

"Polaris Solar is a significant investment in Gratiot County, a project that will benefit police departments, county parks, and local government entities throughout our local communities," said Jim Wheeler, President of Greater Gratiot Development, a non-profit organization that promotes economic activity in Gratiot County. "Where some counties are looking at cutbacks, we haven't had to do that. Here, renewable energy helps improve the overall quality of life for the county and the people who live in it." 

Polaris Solar is DTE's third new solar park connecting to the electric grid in 2025, with five additional parks under construction and funded through DTE's voluntary CleanVision MIGreenPower, Michigan's largest community solar program. Customer enrollments in MIGreenPower are also helping to fuel DTE's progress toward its goal of achieving net zero carbon emissions and reaching Michigan's renewable energy standard of 60% by 2035. 

In 2025, DTE will generate enough clean energy from wind and solar projects to power more than 800,000 homes in Michigan and plans to power the equivalent of nearly 6 million homes with renewable energy by 2042. The company's MIGreenPower program has enrolled nearly 100,000 residential and 1,200 business customers. 

About DTE Energy 

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/dte_energy and facebook.com/dteenergy.   

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DatumRatingAnalyst
24.07.2018DTE Energy Sector OutperformScotia Howard Weil
09.01.2017DTE Energy NeutralUBS AG
13.01.2016DTE Energy OverweightBarclays Capital
12.12.2014DTE Energy BuyUBS AG
13.07.2010DTE Energy neutralUBS AG
DatumRatingAnalyst
24.07.2018DTE Energy Sector OutperformScotia Howard Weil
13.01.2016DTE Energy OverweightBarclays Capital
12.12.2014DTE Energy BuyUBS AG
DatumRatingAnalyst
09.01.2017DTE Energy NeutralUBS AG
13.07.2010DTE Energy neutralUBS AG
19.01.2006Update DTE Energy Co.: HoldDeutsche Securities
18.01.2006Update DTE Energy Co.: Equal weightLehman Brothers
02.06.2005Update DTE Energy Co.: Equal-weightMorgan Stanley
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26.10.2006Update DTE Energy Co.: UnderperformCredit Suisse

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