DTE Energy Unveils $1.6B Michigan Clean Energy Plan With LG Energy Backing

DTE Energy (NYSE: DTE) on May 28, 2026, announced a $1.6 billion investment in Michigan’s clean energy infrastructure, partnering with South Korea’s LG Energy Solution. The move aims to expand renewable generation and energy storage capacity as the utility accelerates its decarbonization strategy. The investment will fund new solar, wind, and battery storage projects across the state, with LG Energy providing battery technology for grid-scale installations. DTE did not break out project timelines but said the capital outlay will be phased over the next three years. The partnership deepens DTE’s ties to a key automotive battery supplier as Michigan’s EV manufacturing hub expands. The plan is part of DTE’s broader integrated resource plan to exit coal by 2032 and achieve net-zero carbon emissions by 2050. The spending is expected to be incorporated into future rate base filings with Michigan regulators. DTE shares were little changed in pre-market trading.