Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMay 27 (Renewables Now) - Recurrent Energy LLC, owned by Canadian Solar Inc (NASDAQ:CSIQ), has successfully completed the construction of a 100-MW solar power plant in the Mississippi Delta, representing the largest solar installation in the state.
The Sunflower Solar Station was built on about 1,000 acres near Ruleville by EPC contractor Signal Energy LLC. It consists of 272,000 photovoltaic (PV) modules installed on a single-axis tracking system.
Recurrent Energy developed and realised the project for Entergy Mississippi LLC, an electricity provider and subsidiary of a subsidiary of Entergy Corporation that serves about 461,000 customers in Mississippi. The regulated utility plans to add 1,000 MW of renewables over the next five years to replace some aging natural gas plants.
"Sunflower is our first build-own-transfer project and our first project in Mississippi. We look forward to supporting the growth of solar throughout the southeast United States and repeating this model which provides additional value for our customers," commented Shawn Qu, chairman and CEO of Canadian Solar.
Weekly renewables M&A round-up (Jun 27-Jul 1)
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