Recurrent Energy, a subsidiary of Canadian Solar, secured $160 million in financing for its 127 MW Bayou Galion Solar project in Louisiana. Microsoft will purchase all energy and credits to achieve its carbon-negative goal by 2030, significantly boosting Louisiana’s renewable capacity. Mitsubishi UFJ Financial Group coordinated the financing. With Primoris Renewables Energy as its EPC partner, Bayou Galion Solar project is through construction since December 2023, and is expected to be operational by fall 2024.
Microsoft partners with Recurrent Energy on Louisiana PV project
Microsoft partners with Recurrent Energy, purchasing 100% of Bayou Galion Solar’s energy to achieve its carbon-negative goal by 2030. (Image Credit: Recurrent Energy).
The ISO 14068 certification at DMEGC Solar’s Lianyungang base exemplifies sustainable practices in the photovoltaic sector. (Image Source: PRNewswire)
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)