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US ROUND-UP: Recurrent Energy lands financing, Major US corporates back ITC

July 23, 2020

A round-up of recent news from the US, where Recurrent Energy moves closer to completing two Texas projects and major corporations call on Congress to pass measures to bolster green energy growth.

Recurrent Energy secures funding for Texas solar projects

Canadian Solar subsidiary Recurrent Energy has closed US$282 million of debt financing to construct its Maplewood and Maplewood 2 solar parks, located in Pecos County, west Texas.

The Maplewood plant has a capacity of 327MWp and will deliver energy to brewer Anheuser-Busch under a power purchase agreement (PPA) signed last year.

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