Recurrent Energy — a solar project developer and wholly owned subsidiary of Canadian Solar — announced that it has signed a 15-year power purchase agreement (PPA) for 100MW of PV power in California with MCE, California’s first operating community choice aggregation program.
Power from the Recurrent Energy-developed Tranquility 8 solar project, which is located in Fresno County, California, will provide MCE with 100MW of clean solar electricity — enough to power 48,300 homes. Construction of the project is expected to begin in 2017, with the site set to supply power to MCE by late 2018.
Dawn Weisz, CEO of MCE, said: “We're proud to be working with Recurrent Energy to grow California's solar industry, helping to power economic strength, job creation and tackle climate change by transitioning our communities to clean energy.”
Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar, added: “This contract award further expands our contracted pipeline in the US and marks the third and largest PPA between Recurrent Energy and MCE. MCE's continued leadership in procuring renewable energy is to be commended. We are pleased to have the opportunity to continue delivering reliable, cost-competitive solar power to MCE and their customers.”