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Recurrent Energy’s 134 MW Liberty Solar Project Powers Up in Texas

Summary

Recurrent Energy, a subsidiary of Canadian Solar, has launched its Liberty Solar project near Houston, Texas, with operations beginning on October 31, 2024. Located in Liberty County, the 134 MW solar facility will generate enough clean energy to power approximately 15,000 homes annually. Major corporate sponsors, including Autodesk, Biogen, EMD Electronics, and Wayfair, support the project as part of their commitments to renewable energy. Financial backing includes an $80 million tax equity contribution from U.S. Bancorp Impact Finance, along with loans from Rabobank and Nord LB. The project’s location within the Midcontinent Independent System Operator (MISO) market supports Texas’s growing energy demands with sustainable energy, while Recurrent Energy aims to retain long-term ownership and management. This project aligns with the company’s goal to expand its sustainable energy infrastructure in the MISO region.

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