DTE Energy Has Wind at Its Back

Utility operator DTE Energyannounced today that 13 turbines at its 16,000-acre Echo Wind Park in Michigan's Huron County will begin commercial operation by the end of November.

The power company said the entire 70-turbine complex will begin commercial operation by the end of 2013 and when up and running will add 112 megawatts to its renewable power capacity. It marks DTE's third wind park.

Its 110-megawatt Thumb Wind Park became commercially operational last December, while it has an ownership stake in the 213-megawatt Gratiot County Wind Park, owning 64 of its 133 turbines. The remainder are owned by Gratiot Wind, an affiliate of Invenergy Wind. DTE purchases the power from Invenergy's turbines under a 20-year power purchase agreement.

DTE also says it plans to buy the energy from the 2,800 acre, 20-megawatt Big Turtle Wind Farm, also in Huron County, that is expected to be operational by late 2014. The contract is part of DTE's efforts to expand the company's renewable energy resources and meet the state's renewable energy goals. DTE Energy expects to add more than 900 megawatts, or 10% of its power, by 2015.

The article DTE Energy Has Wind at Its Back originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.