Recurrent Energy completes 101MW Ontario PV portfolio



North America solar developer, Recurrent Energy, has completed three PV power plants in Ontario, Canada, and with them a 101MW project portfolio for a Japanese consortium.

The three projects total 32MW and are located near Smiths Falls and Waubaushene, Ontario.

They bring to a conclusion a 101MW portfolio Recurrent Energy has developed for global infrastructure, energy and finance company, Mitsubishi Corporation and Japanese gas supplier, Osaka Gas, as part of an acquisition agreement decided in June 2012.

Six projects, totalling 70MW of the portfolio, came online in June 2013.

Electricity generated will be enough to power 12,300 homes, with power to be sold to Ontario Power Authority as part of a 20 year power purchase agreement.

Arno Harris, CEO of Recurrent Energy praised Ontario’s solar support policies, and said the now compete portfolio brings Ontario “one step closer” to realising “its commitment to a clean energy future”, Harris said.

“Ontario's green energy policies supporting solar power are creating thousands of jobs and are cleaning our air,” president and CEO of the Canadian Solar Industries Association, John Gorman said on the announcement. “Solar energy has significant public support in Ontario, and the solar targets set by Ontario's Long Term Energy Plan will help provide stability to the industry in the near-term as the costs of solar continue to decline” he said.

Ontario's government has been supportive of renewables through feed-in-tariffs, and in March announced a new large scale procurement programme and the ambition to gain 900MW of solar in four years.

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