Recurrent Energy Announces Closing of $500 Million Investment from BlackRock
NEW YORK and GUELPH, ONTARIO, October 3, 2024 – Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer,
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 subsidiary of Canadian Solar Inc. and function as Canadian Solar’s global development and power services business.
Recurrent Energy is focused on bringing low-cost clean energy and meaningful economic development to communities across the world. Recurrent Energy has completed the development of 11 gigawatts (GWp) of operating utility-scale solar projects and more than 3.7 gigawatt hours (GWh) of energy storage projects across six continents. We have 27 GWp of solar and 63 GWh of battery storage projects under development.
Recurrent Energy has an industry-leading team of in-house experts across all stages of the solar and energy storage project development lifecycle, from siting, design, interconnection, permitting and procurement to origination and structuring, financing, construction, operation and maintenance and asset management. Globally, we have more than 11 GWp of contracted projects under long-term operation and maintenance agreements. To complement our project development and services expertise, we also have extensive in-house power marketing and optimization experience.
NEW YORK and GUELPH, ONTARIO, October 3, 2024 – Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer,
Recurrent Energy announced today the successful financial close on a €50 million loan from the European Investment Bank (“EIB”).
GUELPH, ON, July 16, 2024 – Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and
Recurrent Energy announced today that it has signed a 10-year Power Purchase Agreement (PPA) with GKN Automotive, the global leader in drive systems.
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 subsidiary of Canadian Solar Inc. and function as Canadian Solar’s global development and power services business.
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