Recurrent Energy, a wholly owned subsidiary of Canadian Solar Inc., has announced the commercial operation of the 71 MW-AC/92 MWp IS-42 solar photovoltaic project, located in Cumberland County, N.C.
“The completion of the IS-42 project is an important milestone in our ongoing commitment to deliver cost-effective solar power to markets across the U.S.,” says Dr. Shawn Qu, chairman and CEO of Canadian Solar. “This is Recurrent Energy’s first completed project in North Carolina, and we continue to see great potential in the state.”
According to Recurrent Energy, the project has a long-term power purchase agreement with Duke Energy Progress and is capable of producing enough clean electricity to power more than 11,000 homes. In September, Recurrent entered into an agreement for the sale of 99% of its Class B membership interest in the project to Falck Renewables S.p.A., with closing expected in November.
DEPCOM Power provided engineering, procurement and construction for the project and will also deliver operations and maintenance services. Recurrent says that of the 275 peak construction jobs created by the project, 95% were local hires and 30% were U.S. veterans, in keeping with the project’s veteran hiring program requirements.