Recurrent Energy signs PPA for 63-MW Stanford Solar Generating Station No. 2

Canadian Solar Inc.’s wholly owned subsidiary Recurrent Energy has signed a 25-year power purchase agreement for the 63 MWac/88 MWp Stanford Solar Generating Station #2. Located on over 400 acres in Kings County, Calif., the Stanford Solar Generating Station #2, will power the equivalent of 15,750 homes with clean electricity. This project, together with Stanford University’s existing 67 MWp solar PPA and its 5 MWp rooftop installation, will produce enough clean renewable electricity each year to equal the university’s annual electricity consumption.

“This power purchase agreement with Stanford University demonstrates Recurrent Energy’s ability to work with a diversified customer base in California and across the U.S. We’ve long partnered with different types of load-serving entities, such as investor-owned and publicly-owned utilities, and we’re a known leader for our partnerships with CCAs. Now, we are delighted to also demonstrate our ability to meet the needs of direct access customers,” said Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar. “We feel honored to help Stanford University achieve its goal to source 100 percent of its campus’ electricity from renewable energy.”

As part of Recurrent Energy’s Slate project portfolio, the Stanford Solar Generating Station #2 is scheduled to enter operation in 2021. Canadian Solar announced last month that another 150 MWac portion of the Slate portfolio has PPAs executed with Silicon Valley Clean Energy and Monterey Bay Community Power.

— Solar Builder magazine

Southern Power acquires 20 MW Gaskell West 1 Solar Facility

Southern Power Company

Southern Power, the wholesale subsidiary of Southern Company, has acquired the 20 MWac/28 MWp Gaskell West 1 Solar Facility, located in southern California in Kern County, via Recurrent Energy, a wholly owned subsidiary of Canadian Solar Inc.

“We are pleased to partner with an energy industry leader like Southern Power on this transaction,” said Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar. “Recurrent Energy’s growing portfolio of U.S. solar assets continues to create value for our customers and shareholders.”

The Gaskell West 1 Solar Facility is expected to reach commercial operation in spring of 2018 and has a long-term power purchase agreement with Southern California Edison. The project represents Southern Power and Recurrent Energy’s fourth transaction.

This project uses Canadian Solar’s MaxPower 1500-volt polycrystalline CS6U-P modules, which deliver excellent module efficiency and performance in a variety of conditions. The project is currently under construction and is expected to create over 200 peak construction jobs.

— Solar Builder magazine

Fifth largest public transit system in the country signs 45-MW power purchase agreement

recurrent

Recurrent Energy LLC, a wholly-owned subsidiary of Canadian Solar, signed a 20-year power purchase agreement  for 45 MWac of solar power with Bay Area Rapid Transit (BART), the fifth largest public transit network in the country and one of the largest consumers of electric power in Northern California. The BART Board of Directors approved the PPA on December 7, 2017.

This contract, BART’s first-ever PPA for utility-scale solar power, resulted from a renewable energy procurement process that BART launched in May 2017 as part of the organization’s Wholesale Electricity Portfolio Policy. The Policy requires 100 percent of BART’s power to come from renewable resources by 2045 while maintaining low and stable BART operating costs.

“Utility-scale solar power is a vital part of cost-effectively meeting our sustainability commitments,” said BART Sustainability Director Holly Gordon. “It is very important to us to work with an experienced development partner like Recurrent Energy who will help us achieve our goals.”

Beyond the rooftop: How offsite PPAs change the game for solar professionals

Power will be supplied to BART from Recurrent Energy’s 45 MWac Gaskell West 2 solar photovoltaic project located in southern California. The project is scheduled to reach commercial operation in 2020.

“Solar power is a perfect match for BART’s commitment to using cost-effective and clean energy,” said Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar. “We are proud to support BART’s progress towards 100 percent renewable energy while also diversifying Recurrent Energy’s customer base.”

BART is the first U.S. metro-rail entity to sign a utility-scale solar PPA this year.

 

— Solar Builder magazine

Recurrent Energy joins solar industry association board of directors

recurrent

The Solar Energy Industries Association (SEIA), the national trade association of the U.S. solar energy industry, announced that Recurrent Energy, a leading utility-scale project developer, is now a member of SEIA’s Board of Directors.

“This is a critical point in time for the U.S. solar industry and having the guidance, support and expertise of Recurrent Energy will benefit the entire industry,” said Abigail Ross Hopper, SEIA’s president and CEO. “We look forward to working with their team to promote policies that expand the growth of solar energy nationwide.”

Meet Recurrent

Based in the San Francisco Bay Area, Recurrent Energy has a 4 gigawatt (GW) project portfolio with 1.2 GW of solar projects commissioned in 2016 alone. Recurrent Energy is a wholly-owned subsidiary of Canadian Solar Inc. (“Canadian Solar”) and functions as Canadian Solar’s U.S. project development arm.

SB Buzz Podcast: Discussing rail-less mounting with Ecolibrium Solar

Ty Daul, a 27-year power industry veteran, will serve as Recurrent Energy’s board representative. Daul oversees Recurrent Energy, as well as Canadian Solar’s project development efforts in Canada and Latin America.

“I am honored to join the SEIA Board of Directors to represent Recurrent Energy,” Daul said. “As we expand our U.S. project development footprint, SEIA’s work will play a critical role.”

As a member of SEIA’s Board, Recurrent Energy, alongside other board representatives, joins in SEIA’s efforts to oppose the 201 case and its fight to save the tens of thousands of U.S. solar jobs currently at risk.

— Solar Builder magazine

WATCH: Massive Mustang solar project comes together, ready for commercial operation

The Mustang solar power project in Kings County, Calif., is massive (100 MWac/134 MWp) and ready for commercial operation, says  Recurrent Energy, a wholly owned subsidiary of Canadian Solar Inc., one of the world’s largest solar power companies.

“The commercial operation of the Mustang solar project continues a historic year that will see Recurrent Energy complete more than one gigawatt of U.S. solar photovoltaic (PV) projects,” said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.

In 2015, Recurrent Energy secured a tax equity investment commitment for the Mustang project from U.S. Bancorp Community Development Corporation (USBCDC).

The renewable energy generated by the Mustang project will be sold under long-term power purchase agreements to Sonoma Clean Power and MCE. The project is expected to produce enough electricity to power approximately 45,000 homes.

Construction of the 1,000 acre project created 450 peak construction jobs. Blattner Energy served as the provider of Engineering, Procurement, and Construction services.

RELATED: The value of a team approach to fixed-tilt ground-mount projects 

— Solar Builder magazine