Recurrent Energy has secured USD 160 million for a 127 MW PV project in Louisiana. The company has also signed a power purchase agreement with Microsoft for the entirety of Bayou Galion Solar project. Mitsubishi UFJ Financial Group was the lead arranger for this project financing. The project was conceptualized in 2018, with construction starting in December 2023. It is expected to become operational by fall 2024.
Recurrent Energy secures USD 160M for Louisiana solar project
Microsoft signs power purchase agreement with Recurrent Energy for Bayou Galion Solar project, financing led by Mitsubishi UFJ Financial Group. (Image Credit: Recurrent Energy).
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)
re:cap green energy acquired 51.7 MW solar projects from Milvio Energy, with completion expected between Q1 and Q4 of 2025. (Image Credit/Source: TheOtherKev/Pexels)