Recurrent Energy achieves commercial operation of 3 solar photovoltaic projects

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Recurrent Energy achieves commercial operation of 3 solar photovoltaic projects

Greentech Lead America: North American solar project
developer Recurrent Energy has achieved commercial operation of 3 of its solar
photovoltaic projects.

The projects deliver 50 MW of clean electricity to the
Sacramento Municipal Utility District (SMUD) under a 20-year feed-in tariff

In December 2011, these projects received investment from
Google and SunTap Energy.

“The completion of these projects is the culmination
of strong renewable energy policy and the dedicated work of all the teams
involved. The projects demonstrate our expertise in developing flexible
utility-scale solutions in a short period of time, and help us achieve the end
goal of a clean energy future,” said Arno Harris, CEO of Recurrent Energy.

The three solar PV projects are expected to generate
around 90,000,000 kWh in their first year of operation, which is equivalent to
the electricity consumption of more than 7,000 average U.S. homes.

Recurrent Energy said its fourth project is currently
under construction and is expected to reach commercial operation later this
year. All these projects were awarded through SMUD’s FIT program, introduced in
January 2010.

“We are pleased to see these projects come on-line
to provide renewable energy to customers. SMUD was the first large California
utility to have 20 percent of our power come from renewable sources and we
continue to pursue a sustainable and balanced power supply. Completion of the
solar projects brings SMUD closer to our goal of 33 percent renewable energy by
2020,” said SMUD General Manager & CEO John DiStasio.

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