May. 27 at 9:08 PM
$DTE
DTE Energy enters a clean energy partnership with LG Energy Solution Vertech
The company will roll out eight new energy storage projects across the state, with a combined investment of
$1.6 billion, aimed at improving grid reliability and supporting clean energy goals. These systems will deliver a total capacity of 1.5 gigawatts and will be built using batteries manufactured at LG Energy Solution’s Michigan facility.
Scheduled for phased completion over a two-year period, the projects will store electricity during periods of excess generation and supply it back to the grid during peak demand to help balance system load. The investment is expected to generate approximately 2,150 local jobs and contribute billions of dollars to the regional economy.