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Ford Motor Co (NYSE: F) on Wednesday said it would use solar and other renewable energy sources in its Michigan plant by 2025 to manufacture cars, as the company aims to lower its emissions and take a step towards carbon neutrality.
Detroit-based automobile giant Ford has signed a renewable energy purchase pact with local provider DTE Energy (NYSE: DTE), under which the utility firm will add 650 megawatts of new solar energy in the state for the carmaker, increasing the total amount of installed solar by nearly 70%.
“This unprecedented agreement is all about a greener and brighter future for Ford and for Michigan,” Ford president and CEO Jim Farley said in a press release. “Today is an example of what it looks like to lead… to turn talk into action.”
The carmaker said the deal would help Ford avoid as much as 600,000 tons of carbon dioxide emissions.
Ford operates three plants in Michigan at Dearborn, Wayne and Flat Rock that manufacture the F-150, Mustang, Ranger and Bronco models.
Picture Credit: Automotive News
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