(Solar Industry Magazine) Recurrent Energy LLC, a wholly owned subsidiary of Canadian Solar Inc., has acquired two standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, which are in the South Load Zone of the Texas ERCOT market, are each anticipated to store up to 200 MWh of energy. Both projects are currently in development and are anticipated to reach notice to proceed in 2023 and begin operation in the second quarter of 2024.
Recurrent Energy Secures $695 Million in Project Financing for 330 MW California Solar Project
Cobalt Solar is fully permitted and under construction. KITCHENER, August 13, 2026 — Recurrent Energy, a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ) and a leading