Bay Area Rapid Transit Signs First-Ever Utility-Scale Solar PPA with Canadian Solar Subsidiary Recurrent Energy
GUELPH, Ontario, Dec. 7, 2017 /PRNewswire/ -- Recurrent Energy LLC ("Recurrent Energy"), a wholly-owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced it has signed a 20-year power purchase agreement ("PPA") for 45 megawatts ("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 organiz...
via Canadian Solar Inc. Press Releases http://ift.tt/2BdmGYx