STOCK TITAN

DENSO Advances Sustainability Efforts at Southeast Michigan locations through DTE Energy's MIGreenPower Program

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

DENSO has enrolled in DTE Energy's CleanVision MIGreenPower program, a major voluntary renewable energy initiative in the U.S. Starting in 2028, DENSO's Belleville Logistics Center and a facility at its North American headquarters in Southfield will attribute 100% of their electricity use to DTE's Michigan-based wind and solar parks for 10 years. This commitment involves 5,840 megawatt-hours per year, equivalent to the carbon sequestered by 4,763 acres of forest annually.

This move aligns with DENSO's goal to become carbon neutral by 2035. The MIGreenPower program, which has over 1,200 business and 100,000 residential customers, is helping DTE add more than 2,400 megawatts of new wind and solar energy in the coming years. This initiative not only supports sustainability efforts but also boosts Michigan's economy through tax revenue and clean energy job creation.

DENSO ha aderito al programma CleanVision MIGreenPower di DTE Energy, una importante iniziativa volontaria di energia rinnovabile negli Stati Uniti. A partire dal 2028, il Centro Logistico di Belleville di DENSO e una struttura presso la sua sede nordamericana a Southfield attribuiranno il 100% del loro utilizzo di elettricità ai parchi eolici e solari di DTE situati in Michigan per 10 anni. Questo impegno prevede 5.840 megawattora all'anno, equivalente al carbonio sequestrato da 4.763 acri di foresta annualmente.

Questa mossa è in linea con l'obiettivo di DENSO di diventare carbon neutral entro il 2035. Il programma MIGreenPower, che conta oltre 1.200 aziende e 100.000 clienti residenziali, sta aiutando DTE ad aggiungere più di 2.400 megawatt di nuova energia eolica e solare nei prossimi anni. Questa iniziativa non solo sostiene gli sforzi di sostenibilità, ma stimola anche l'economia del Michigan attraverso le entrate fiscali e la creazione di posti di lavoro nell'energia pulita.

DENSO se ha inscrito en el programa CleanVision MIGreenPower de DTE Energy, una importante iniciativa voluntaria de energía renovable en los EE. UU. A partir de 2028, el Centro Logístico de Belleville de DENSO y una instalación en su sede norteamericana en Southfield atribuirán el 100% de su uso de electricidad a los parques eólicos y solares de DTE en Michigan durante 10 años. Este compromiso involucra 5,840 megavatios-hora por año, equivalente al carbono secuestrado por 4,763 acres de bosque anualmente.

Este movimiento se alinea con el objetivo de DENSO de convertirse en carbono neutral para 2035. El programa MIGreenPower, que cuenta con más de 1,200 empresas y 100,000 clientes residenciales, está ayudando a DTE a agregar más de 2,400 megavatios de nueva energía eólica y solar en los próximos años. Esta iniciativa no solo apoya los esfuerzos de sostenibilidad, sino que también impulsa la economía de Michigan a través de ingresos fiscales y la creación de empleos en energía limpia.

DENSODTE Energy의 CleanVision MIGreenPower 프로그램에 가입했습니다. 이는 미국에서 중요한 자발적 재생 가능 에너지 이니셔티브입니다. 2028년부터 DENSO의 벨레빌 물류 센터와 북미 본사의 시설은 DTE의 미시간에 있는 풍력 및 태양광 발전소에서 사용하는 전기 100%를 10년 동안 할당할 것입니다. 이 약속은 연간 5,840메가와트시에 해당하며, 연간 4,763 에이커의 숲이 흡수하는 탄소와 같습니다.

이 조치는 DENSO가 2035년까지 탄소 중립 목표를 달성하는 것과 일치합니다. 1,200개 이상의 기업과 100,000명의 주거 고객이 참여하는 MIGreenPower 프로그램은 향후 몇 년간 DTE가 2,400메가와트의 새로운 풍력 및 태양광 에너지를 추가하도록 돕고 있습니다. 이 이니셔티브는 지속 가능성 노력을 지원할 뿐 아니라 미시간의 경제를 세금 수입과 청정 에너지 일자리 창출을 통해 활성화합니다.

DENSO a adhéré au programme CleanVision MIGreenPower de DTE Energy, une initiative volontaire majeure en matière d'énergie renouvelable aux États-Unis. À partir de 2028, le Centre Logistique de Belleville de DENSO et une installation de son siège nord-américain à Southfield attribueront 100 % de leur consommation d'électricité aux parcs éoliens et solaires de DTE basés au Michigan pendant 10 ans. Cet engagement implique 5 840 mégawattheures par an, équivalent au carbone séquestré par 4 763 acres de forêt chaque année.

Cette démarche s'inscrit dans l'objectif de DENSO de devenir neutre en carbone d'ici 2035. Le programme MIGreenPower, qui compte plus de 1 200 entreprises et 100 000 clients résidentiels, aide DTE à ajouter plus de 2 400 mégawatts de nouvelle énergie éolienne et solaire au cours des prochaines années. Cette initiative soutient non seulement les efforts de durabilité, mais booste également l'économie du Michigan grâce aux revenus fiscaux et à la création d'emplois dans le secteur des énergies propres.

DENSO hat sich im CleanVision MIGreenPower-Programm von DTE Energy eingeschrieben, einer wichtigen freiwilligen Initiative für erneuerbare Energien in den USA. Ab 2028 werden das Logistikzentrum Belleville von DENSO und eine Einrichtung an seinem nordamerikanischen Hauptsitz in Southfield 100% ihres Stromverbrauchs für 10 Jahre den Wind- und Solarkraftwerken von DTE in Michigan zuordnen. Dieses Engagement umfasst 5.840 Megawattstunden pro Jahr, was dem Kohlenstoff entspricht, der jährlich von 4.763 Acres Wald sequestriert wird.

Dieser Schritt steht im Einklang mit DENSOs Ziel, 2035 bis zur Klimaneutralität zu gelangen. Das MIGreenPower-Programm, das mehr als 1.200 Unternehmen und 100.000 private Kunden hat, hilft DTE, in den kommenden Jahren mehr als 2.400 Megawatt neuer Wind- und Solarenergie hinzuzufügen. Diese Initiative unterstützt nicht nur die Nachhaltigkeitsbestrebungen, sondern stärkt auch die Wirtschaft in Michigan durch Steuereinnahmen und die Schaffung von Arbeitsplätzen im Bereich erneuerbare Energien.

Positive
  • None.
Negative
  • None.

Belleville Logistics Center and a facility at the company's regional headquarters to attribute 100% of electricity use to renewable DTE sources for 10 years, beginning in 2028

SOUTHFIELD, Mich., Sept. 23, 2024 /PRNewswire/ -- DENSO and DTE Energy (NYSE:DTE) today announced that the leading mobility supplier has enrolled in DTE's CleanVision MIGreenPower program, one of the largest voluntary renewable energy programs in the U.S. DENSO's Belleville Logistics Center and one facility at its North American headquarters in Southfield will participate in the initiative.

Through MIGreenPower, DENSO will attribute 100% of the electricity use at the participating facilities to DTE's Michigan-based wind and solar parks throughout the state for 10 years, going above and beyond the 15% renewable energy DTE already provides all electric customers. DENSO has enrolled 5,840 megawatt-hours per year starting in 2028, which has the environmental impact equivalent to the carbon sequestered by 4,763 acres of forest annually.

"We are grateful for DTE's strong collaboration and support as we continue to strive to be a carbon neutral company by 2035," said Denise Carlson, vice president of DENSO's North America Production Innovation Center and leader of the Sustainability Promotion Department. "To reach that goal, operating sustainably is just as important as innovating products that promote cleaner and safer mobility. This activity is another example of how our teams are working to get there."

DENSO joins more than 1,200 businesses and nearly 100,000 residential customers using MIGreenPower to enhance their sustainability efforts while accelerating the development of renewable energy projects in Michigan. High and growing participation is helping DTE put even more clean energy on the grid, as the company plans to add more than 2,400 megawatts of new wind and solar energy to support MIGreenPower enrollments over the next several years. These renewable developments are also boosting the state's economy by providing millions of dollars in added tax revenue to the communities that host them and creating thousands of local clean energy jobs.

"MIGreenPower customers like DENSO are making a real difference, in their own operations and in achieving broader sustainability goals across Michigan," said Sean Gouda, director of Renewable Solutions for DTE Energy. "DENSO is one among a long and growing list of automotive suppliers in southeast Michigan who are transforming the industry by reducing their environmental impact with MIGreenPower."

The development comes as DENSO continues to make progress on sustainability initiatives across North America. In Michigan, the company is working with Energy Systems Group to enhance green practices at its thermal manufacturing facility in Battle Creek and, at the same site, is investing $63 million to retool production lines to produce more electrification-enabling products.

Learn more about MIGreenPower at www.migreenpower.com.

About DENSO
Globally headquartered in Kariya, Japan, DENSO is a $47.2 billion leading mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 180 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, among others, that change how the world moves. In developing such solutions, the company's 162,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSO spent around 7.7 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2024. For more information about DENSO's operations worldwide, visit www.denso.com/global.

In North America, DENSO is headquartered in Southfield, Michigan, and employs 27,000+ engineers, researchers, and skilled workers across nearly 50 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,500+ employees across 14 states (and the District of Columbia) at 41 sites. In the fiscal year ending March 31, 2024, DENSO in North America generated $11.7 billion in consolidated sales. DENSO is committed to advancing diversity and inclusion inside the company and beyond – a principle that brings together unique perspectives, bolsters innovation and pushes DENSO forward. To learn more about DENSO operations in the region and to review current career opportunities, please visit www.denso.com/us-ca/en/.

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, twitter.com/dte_energy and facebook.com/dteenergy.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/denso-advances-sustainability-efforts-at-southeast-michigan-locations-through-dte-energys-migreenpower-program-302254766.html

SOURCE DENSO

FAQ

What is DENSO's commitment to DTE Energy's MIGreenPower program?

DENSO has enrolled 5,840 megawatt-hours per year in DTE Energy's MIGreenPower program, starting in 2028. This commitment will attribute 100% of the electricity use at their Belleville Logistics Center and a facility at their North American headquarters to DTE's renewable energy sources for 10 years.

How does DENSO's participation in MIGreenPower align with their sustainability goals?

DENSO's participation in MIGreenPower supports their goal to become a carbon neutral company by 2035. It demonstrates their commitment to operating sustainably while innovating products for cleaner and safer mobility.

What is the environmental impact of DENSO's enrollment in MIGreenPower?

DENSO's enrollment of 5,840 megawatt-hours per year in MIGreenPower has an environmental impact equivalent to the carbon sequestered by 4,763 acres of forest annually.

How is DTE Energy (NYSE:DTE) expanding renewable energy through MIGreenPower?

DTE Energy plans to add more than 2,400 megawatts of new wind and solar energy over the next several years to support MIGreenPower enrollments. This expansion is driven by high and growing participation in the program.

What economic benefits does the MIGreenPower program bring to Michigan?

The MIGreenPower program boosts Michigan's economy by providing millions of dollars in added tax revenue to communities hosting renewable energy projects and creating thousands of local clean energy jobs.

DTE Energy Company

NYSE:DTE

DTE Rankings

DTE Latest News

DTE Stock Data

25.85B
207.02M
0.32%
77.87%
1.55%
Utilities - Regulated Electric
Electric Services
Link
United States of America
DETROIT