Recurrent Energy, a wholly owned subsidiary of Canadian Solar Inc., has begun commercial operation of the 71 MWac/92 MWp IS-42 solar photovoltaic project, located in Cumberland County, North Carolina.
“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.,” said Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar. “This is Recurrent Energy’s first completed project in North Carolina, and we continue to see great potential in the state.”
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 2017, Recurrent Energy entered into an agreement for the sale of 99 percent of its Class B membership interest in the project to Falck Renewables S.p.A., with closing expected in November 2017.
DEPCOM Power provided Engineering, Procurement and Construction for the project and will also deliver Operations and Maintenance services. Of the 275 peak construction jobs created by the project, 95 percent were local hires, and 30 percent were U.S. veterans in keeping with the project’s veteran hiring program requirements.
A project dedication event is taking place today, October 23, 2017.