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Recurrent Energy
300 California Street 7th Floor, San Francisco, California, United States

Memberships : NA
Industry : Renewable Energy
Basic Member
Since Nov, 2016
About Company

Recurrent Energy, a subsidiary of Canadian Solar Inc., is a leading solar project developer, with utility-scale solar plants that provide competitive clean electricity.

Our mission is to transform our world sustainably to meet its energy needs with clean electricity. With a 4 gigawatt (GWp) project pipeline and more than 2.1 GWp of signed contracts, we hold one of the largest solar development portfolios in North America. Recurrent Energy is leading the way to a new era of clean, competitive, mainstream power.

Recurrent Energy, a subsidiary of Canadian Solar Inc., is a leading solar project developer, with utility-scale solar plants that provide competitive clean electricity. Our mission is to transform our world sustainably to meet its energy needs with clean electricity.

With a 4 gigawatt (GWp) project pipeline and more than 2.1 GWp of signed contracts, we hold one of the largest solar development portfolios in North America. Recurrent Energy is leading the way to a new era of clean, competitive, mainstream power.

Recurrent Energy is a leading solar company with a strategy to develop, build, and operate a balanced portfolio of utility scale solar projects ranging in size from 20- 500 MW to meet the increasing demand for clean electricity at highly competitive prices.

Technology expertise, supply chain capabilities, and access to capital enable Recurrent Energy to deliver solar generating plants at any scale with market-leading cost and efficiency.

Since 2006, Recurrent Energy has developed and sold more than 1.9 GWp of solar PV projects, won more than 2.1 GWp of power purchase agreements, and secured more than $7B of project debt and equity financing.

RECURRENT ENERGY IN ONTARIO

Ontario continues to usher in a transition of the province’s electricity supply to clean, renewable resources. The commitment to utilize emission-free sources of energy such as solar has helped Ontario’s achieve their goal of retiring coal-fired electricity generation. The shift to renewable sources has led to many significant and positive impacts on both the economy and the environment.

Attracted by the province’s strong commitment to renewable power, Recurrent Energy opened its Toronto office in 2010. Recurrent Energy has had strong success in Ontario’s Feed-in Tariff Program, having successfully developed, constructed and commissioned 20 solar power projects totaling 220 MWp/159 MWac. The first projects in this 20-project portfolio came into service in early 2013, with the final project coming online in mid-2014. These facilities will provide clean solar-generated electricity to Ontario for the next 20 years.

In 2013, Recurrent Energy was named Developer of the Year by the Canadian Solar Industries Association (CanSIA).

220MW Operating in Ontario

Across Recurrent Energy’s 20 existing projects in Ontario, more than 2,700 jobs were created. In addition, roughly 60 percent of the materials for the projects were manufactured or sourced in Ontario, providing an important boost to the local economy. The 20 projects generate enough clean solar energy to power roughly 26,500 average Ontario homes a year.

Upon completion, Recurrent Energy transitioned the ownership of their Ontario projects to well-known strategic investors including MetLife, Fiera Axium Infrastructure, and Mitsubishi Corporation. The projects were grouped into three portfolios - the “Aurora,” “Borealis” and “Sunningdale” portfolios.

Recurrent Energy in the Community

Community outreach and consultation is an integral part of Recurrent Energy’s project development process. Every project and municipality is unique, so our team works closely with local municipality and community members to understand priorities for the region. We believe that our solar farms should fit-in with the communities within which we operate. As a key part of our process, Recurrent Energy engages directly with local residents to identify, understand and address any concerns.

Recurrent Energy is a proud supporter of the communities in which we develop projects.

Future Development

Company NameRecurrent Energy
Business CategoryRenewable Energy
Address300 California Street 7th Floor
San Francisco
California
United States
ZIP: 94104
PresidentArno Harris
Year Established2006
Employees200
MembershipsNA
Hours of OperationNA
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