The 42.5 MWp standalone PV project had secured a CfD in the British Government’s Allocation Round 7.
KITCHENER, ON, March, 30, 2026 — Recurrent Energy a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ), a leading global developer, owner, and operator of solar and energy storage assets, has announced the sale of Project Higher Witheven, a 42.5 MWp standalone photovoltaic project located in Launceston, Cornwall, to a leading infrastructure investor.
Higher Witheven has successfully secured a Contract for Difference (CfD) in the UK Government’s Allocation Round 7 (AR7) auction, enhancing long-term revenue visibility while supporting the country’s renewable energy targets.
The project has a capacity of 42.5 MWp, with grid connection and completion expected in Q4 2027. It has been designed with a strong focus on environmental stewardship, incorporating biodiversity enhancements and a landscape-led approach to renewable energy development.
Once operational, the facility is expected to generate more than 46,000 MWh of clean electricity per year—enough to supply over 17,000 homes and prevent more than 8,100 tonnes of CO₂ emissions annually.
The transaction reflects continued investor demand for contracted solar assets in the UK and highlights the strength of Recurrent Energy’s development platform.
Ismael Guerrero, CEO of Recurrent Energy, stated, “The transaction of Higher Witheven highlights our ability to originate, develop, and successfully bring high-quality renewable energy assets to market. Securing a CfD in AR7 further reinforces the competitiveness of our UK pipeline.”
Recurrent Energy continues to strengthen its footprint in the UK, supporting the expansion of clean, reliable, and domestically generated power.