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Solar Power World: Duke Energy Renewables acquires 200-MW Texas solar project from Recurrent Energy

Duke Energy Renewables, a subsidiary of Duke Energy, is expanding its solar energy portfolio by acquiring the 200-MWAC / 266-MWp Rambler solar project from Recurrent Energy, a wholly-owned subsidiary of Canadian Solar. The project will be located in Tom Green County, Texas, and is expected to achieve commercial operation in mid-2020.

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Delivering clean, reliable and affordable power to the world, today and tomorrow.

Recurrent Energy is one of the world’s largest and most geographically diversified utility-scale solar and energy storage project development, ownership, and operations platforms. With an industry-leading team of in-house energy experts, we are a wholly-owned subsidiary of Canadian Solar Inc. and function as Canadian Solar’s global development and power services business.

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Recurrent Energy Announces $500 Million Capital Commitment from BlackRock

The investment will provide Recurrent Energy with additional capital to grow its high value project development pipeline while executing its strategy to transition from a pure developer to a developer plus long-term owner and operator in select markets including the U.S. and Europe.

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