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Canadian Solar Subsidiary Recurrent Energy Completes Sale of 144 MWac Pflugerville Solar Project in Travis County, Texas to Duke Energy Renewables
Project will provide low cost solar power to Austin Energy customers
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CHARLOTTE, N.C. and GUELPH, ON, Jan. 7, 2021 /PRNewswire/ Canadian Solar Inc. ( Canadian Solar ) (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the 144 MWac Pflugerville Solar project to Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK). The project is under construction in Travis County, Texas and is expected to achieve commercial operation in mid-2021. The energy generated from the Pflugerville Solar project will be sold to Austin Energy under a 15-year power purchase agreement (PPA).