Two standalone energy storage projects were acquired from Black Mountain Energy Storage GUELPH, ON. : Recurrent Energy, LLC (“Recurrent”), a wholly owned subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ), today announced the acquisition of two standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, which are in the South Load […]
Recurrent Energy sells 80% stake in 350 MW Crimson storage project – EQ Mag Pro
Canadian Solar subsidiary Recurrent Energy announced that it sold an 80 percent stake in its 350 MW / 1400 MWh Crimson storage project to Axium Infrastructure. Recurrent Energy will retain the remaining 20 percent ownership. Construction of the storage project will begin in Q3 2021 and is expected to reach commercial operation by the summer […]
Recurrent Energy Secures 600-MWh Energy Storage Contract
US renewables developer Recurrent Energy LLC, owned by Canadian Solar Inc (NASDAQ:CSIQ), will provide 150 MW/600 MWh of energy storage to Pacific Gas & Electric (PG&E) under a new 15-year resource adequacy agreement. The new job is tied to the second phase of the 350-MW/1,400-MWh Crimson battery energy storage project in California that is to […]
Goldman Sachs Becomes Solar Supplier to California CCAs as Its Acquisition Spree Continues
The purchase of Recurrent Energy’s equity stake in the 100 MW Mustang project adds to Goldman subsidiaries’ growing solar portfolios. Canadian Solar subsidiary Recurrent Energy has sold its remaining equity stake in the 100-megawatt Mustang solar project, a key resource for California’s flagship community-choice aggregators, to the Renewable Power Group of Goldman Sachs Asset Management. […]