Canadian Solar subsidiary Recurrent Energy has signed a build-transfer agreement for a base purchase price of approximately $138.4 million with Entergy Mississippi on a 100 megawatt solar photovoltaic project.
This agreement is expected to provide Entergy Mississippi with the largest utility-owned solar facility in the state of Mississippi, pending approval by the Mississippi Public Service Commission.
Recurrent Energy is developing the 100 MWac Sunflower solar project on approximately 1,000 acres in Sunflower County, Mississippi. The facility will be operational by mid-2022. Entergy Mississippi will own the Sunflower project, allowing the regulated utility to power more than 16,000 homes with clean electricity.
The Sunflower project will use single-axis trackers and is expected to create approximately 360 jobs during construction.