Recurrent Energy Breaks Ground on Pflugerville Solar Project

Canadian Solar Inc. today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), commenced construction on the 144 MWac Pflugerville Solar Project located in Travis County, Texas. Recurrent Energy signed a Power Purchase Agreement ("PPA") with Austin Energy in 2018 for the Pflugerville Solar Project to provide low-cost solar power to the utility's customers for 15 years following the start of operation. This PPA supports Austin Energy's renewable energy goals which commit the utility to cost-effectively reduce emissions and includes plans to exit from its coal-fired power generation by the end of 2022. Austin Energy serves more than 500,000 customers in the City of Austin, as well as several neighboring areas of Travis County and Williamson County.

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