Canadian Solar Subsidiary Recurrent Energy Inks 100 Megawatt Power Purchase Agreement with Peninsula Clean Energy
REDWOOD CITY, Calif. and GUELPH, Ontario, Canada, Sept. 12, 2017 /PRNewswire/ -- Recurrent Energy and Peninsula Clean Energy ("PCE") today announced a 15-year Power Purchase Agreement ("PPA") for 100 megawatts of new solar power. Recurrent Energy is a wholly-owned subsidiary of Canadian Solar, Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), and PCE is the community choice energy agency serving San Mateo County. Electricity will be delivered to PCE from Recurrent Energy's Mustang Two solar photovoltaic project in Kings County, in central California. The project is expected to reach commercial operation in 2019. Following commercial operation, the project will begin delivering po...
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