Canadian Solar unites global solar development business under Recurrent Energy

Facebook
Twitter
LinkedIn
Reddit
Email
Canadian Solar’s PV development and services businesses grew last year. Image: Recurrent Energy

Solar Module Super League (SMSL) member Canadian Solar has consolidated its global solar development and services business under its Recurrent Energy brand, which was previously limited to its North American operations.

In taking on its parent company’s global energy development business, Recurrent Energy will assume a portfolio of almost 9GW of solar and 3GWh of battery storage across six continents, with an additional 25GWp of solar and 47GWh of battery storage in its pipeline.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“Recurrent Energy has a strong brand and track record in clean energy project development and execution, having brought online some of the world’s first and largest solar, solar plus storage and standalone energy storage projects,” said Canadian Solar chairman and CEO Shawn Qu.

“We are pleased to streamline our development and operations and maintenance services under the Recurrent Energy umbrella. Recurrent Energy is now unified in its global mission and growth.”

Last year, Canadian Solar posted a 152% increase in net income, spurred significantly by an increase in its project development pipeline across the world. As of the 31st January 2023, the pipeline sat at 24.7GWp, of which 4.9GWp were backlog projects waiting for completion. The same date saw 6GW worth of projects under operations and maintenance (O&M) contracts, either operational or in development, all of which – as well as the development pipeline – will now be contained under the Recurrent Energy brand.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

July 25, 2025
A round-up of news from the Indian solar sector this week, including Reliance Industries' cell plant, Juniper Green Energy powering solar PV and Solex Energy launching new modules.
July 25, 2025
The US state of New York expects to install 35GW of solar PV and 9.4GW of battery energy storage system (BESS) by 2040.
July 25, 2025
VDE Americas has verified the successful deployment of the hail mitigation function of GameChange Solar’s Genius trackers.
July 25, 2025
According to a report from the International Renewable Energy Agency (IRENA), the global levelised cost of electricity (LCOE) for solar PV reached US$0.043/kWh in 2024.
July 25, 2025
Nautilus Solar Energy has entered a US$275 million tax equity partnership with Greenprint Capital to expand its US community solar portfolio.
July 25, 2025
Oil and gas major bp has confirmed it will exit the Australian Renewable Energy Hub (AREH), a 26GW wind, solar and green hydrogen project planned for Western Australia.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK