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 dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)