Tag: recurrent energy

Recurrent Energy obtains financing for 120 MW Oklahoma solar project

Recurrent Energy, a subsidiary of Canadian Solar has secured financing of $112 million for the 120 MW North Fork solar plant in Oklahoma from NordLB and Rabobank. Together with Rabobank, NordLB served as the coordinating lead and joint lead arranger for the project. Moreover, the Oklahoma Municipal Power Authority will buy the solar plant’s power under a 15 year contract.

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Recurrent Energy to execute 2.3 GWh of energy storage projects

Recurrent Energy, which is a wholly-owned subsidiary of Canadian Solar has announced its plans for several battery energy storage systems (BESS) which will be built in 2021 and 2022. These projects include retrofits as-a-service, solar plus storage power purchase agreements, as well as stand-alone storage tolling agreements.

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