Developer Signs Aggregation Deal To Provide 5 Customers With 100 MW Of Solar Energy In Texas (Includes Wayfair)
May 15, 2023
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Recurrent Energy, LLC ("Recurrent"), a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar"), today announced that it has signed an aggregated virtual power purchase agreement with EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk, Inc. and a large healthcare company for 100% of the production capacity of the Liberty Solar project.
Recurrent Energy is currently developing the 100 MWac solar project in Liberty County, Texas, around 50 miles from Houston. The project is expected to be operational in 2024.
Recurrent Energy said that Liberty Solar will expand solar energy capacity in the Midcontinent Independent System Operator (MISO) region, which includes most of Liberty County where Liberty Solar is located.
EMD Electronics, the U.S. and Canada electronics business of Merck KGaA, Darmstadt, Germany, will purchase renewable energy generated by a 40 MW portion of Liberty Solar, serving as the anchor buyer of the project.
Biogen Inc., a global biotechnology company, will purchase renewable energy generated by a 20 MW portion of Liberty Solar
Wayfair Inc. will purchase renewable energy generated by a 15 MW portion of Liberty Solar.
Autodesk, Inc. will purchase renewable energy generated by a 10 MW portion of Liberty Solar
An undisclosed large healthcare company will purchase renewable energy generated from the remaining 15 MW portion of Liberty Solar.
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The five companies were organized and supported by Sustainability Roundtable Inc.'s Net Zero Consortium for Buyers
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