Recurrent Energy and Peninsula Clean Energy announced a 15-year Power Purchase Agreement for 100 megawatts of new solar power. Recurrent Energy is a wholly-owned subsidiary of Canadian Solar, Inc. and PCE is the community choice energy agency serving San Mateo County.
Electricity will be delivered to PCE from Recurrent Energy's Mustang Two solar photovoltaic project in Kings County, in central California. The project is expected to reach commercial operation in 2019. Following commercial operation, the project will begin delivering power to PCE pursuant to the terms of the PPA.
The Mustang Two solar project has a Project Labor Agreement (PLA) with the International Brotherhood of Electrical Workers (IBEW), Ironworkers, Carpenters, Laborers, and Operating Engineers for the construction of the solar project. It is expected to have a peak construction labor force of approximately 400 workers.
Peninsula Clean Energy (PCE) is San Mateo County's official electricity provider. PCE is a public, locally-controlled community choice energy program that provides all electric customers in San Mateo County the choice of having electricity supplied from clean, renewable sources at competitive rates. PCE's default option, ECOplus, is 50% renewable and 75% greenhouse gas emissions free, at a generation rate that is priced 5% less than PG&E. PCE's ECO100 option is 100% renewable and 100% greenhouse gas emissions free.
Recurrent Energy is a utility-scale solar project developer, delivering competitive, clean electricity to large energy buyers. Based in the U.S., Recurrent Energy is a wholly owned subsidiary of Canadian Solar, Inc. and functions as Canadian Solar's U.S. project development arm.
Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects in various stages of development.