TAG: "Recurrent Energy"

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Recurrent Energy Secures Financing for 200 MWh Fort Duncan Storage Project in Texas

Recurrent Energy, a subsidiary of Canadian Solar Inc. announced that it has closed project financing and tax equity for its Fort Duncan Storage project. The 200 MWh storage project, located in Maverick County, Texas, is currently under construction and is expected to be commercially operational by summer 2025 to support ERCOT's peak power demand.

Recurrent Energy | March 19, 2025 | By News Bureau 286

Recurrent Energy Signs PPA Major US Technology Company in Spain for 300 MW Solar Project

The project is expected to generate approximately 620 GWh per year, the equivalent of powering 188,000 households and avoiding 161,000 tons of CO2 equivalent annually.

Recurrent Energy | December 13, 2024 | By News Bureau 1373

Recurrent Energy and APS Sign Agreements for 1800 MWh ESS and 150 MWac Solar Facility

The 20-year tolling agreements encompass the Desert Bloom Storage and Papago Solar projects. Both projects, located in Maricopa County, Arizona, are scheduled to start construction in 2025 and reach operation in 2026.

Recurrent Energy | November 04, 2024 | By News Bureau 1398

Recurrent Energy Announces Financial Close on Euro 50 Million Loan from EIB

The facility will support the development and construction of a solar energy portfolio in Italy.

Recurrent Energy | July 29, 2024 | By News Bureau 1011

Recurrent Energy and Bank of America Close USD 103 Million Tax Credit Transfer Agreement

Recurrent Energy will continue to own and operate the project long-term.

Recurrent Energy | July 01, 2024 | By News Bureau 1054

Recurrent Energy Secures USD 70 Million Financing for Jaiba III Solar Project in Brazil

The Jaiba III project, boasting a capacity of 152 MWp, will benefit from financing over a 22-year period, covering both construction and operation phases.

Recurrent Energy | April 19, 2024 | By Abha Rustagi 1921

Recurrent Energy Secures EUR 110 Million Green Loan Facility for Solar and Energy Storage Projects

The funding comprises a EUR 55 million term loan and a EUR 55 million revolving credit facility, extending over a three-year period.

Recurrent Energy | April 06, 2024 | By Abha Rustagi 1982

Recurrent Energy Acquires 420 MWp Solar PV Portfolio in South of Spain

Recurrent Energy currently has projects in various stages of development in Spain and expects to start construction on more than 1 GW of solar projects in the country in 2024.

Recurrent Energy | March 21, 2024 | By News Bureau 1313

Recurrent Energy Closes Project Financing for 119 MW Solar Project in Mexico

Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent and 36 percent respectively.

Recurrent Energy | February 28, 2024 | By News Bureau 1294

Recurrent Energy Bags USD 500 Mn Equity Investment Commitment from BlackRock

Canadian Solar will continue to own the remaining majority shares of Recurrent Energy after the closing of the investment.

Recurrent Energy | January 24, 2024 | By News Bureau 1662

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