Wednesday, 28 September 2016

Canadian Solar subsidiary signs 100 MW PPA with MCE on Tranquillity 8 PV project in California

 Canadian Solar on September 26th, 2016 announced the commercial operation of the 200 MWac/258 MWp Tranquillity solar power project in California

Canadian Solar Inc. (Guelph, Ontario) wholly owned subsidiary and solar photovoltaic (PV) project developer Recurrent Energy on September 27th, 2016 announced a 15-year Power Purchase Agreement (PPA) for 100 MWAC of solar power in California with MCE (San Rafael, CA, U.S.), California's first operating Community Choice Aggregation program.

Tranquillity 8 PV project is expected to begin in 2017
Solar power from the Recurrent Energy-developed Tranquillity 8 PV project, located in Fresno County, California, will supply MCE with 100 MWAC of clean solar electricity, which is sufficient to power 48,300 homes. Construction of the project is expected to begin in 2017 and the project will begin providing power to MCE by late 2018.
“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,” said Dawn Weisz, CEO of MCE.
“This contract award further expands our contracted pipeline in the U.S. and marks the third and largest PPA between Recurrent Energy and MCE,” added Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.
“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.” 
source: http://www.solarserver.com

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