Canadian Solar Successfully Completes Sunflower Solar Station in BTA for Entergy Mississippi

State’s Largest Solar Project Provides Clean, Renewable Energy and Economic Benefits

GUELPH, ON and JACKSON, miss., May 27, 2022 /PRNewswire/ — Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) today announced that its wholly owned subsidiary Recurrent Energy, LLC (“Recurrent”) has successfully completed the construction of a 100 megawatts near Ruleville in the Mississippi Delta, providing clean energy to Entergy Mississippi’s 461,000 customers. The Sunflower Solar Station is the largest solar installation in Mississippi and provides enough energy to power 16,000 homes.

Recurrent Energy developed and built the Sunflower Solar Station for Entergy Mississippi, which will own it for the life of the facility. The Sunflower is one of the first large-scale solar projects to be built under a construction transfer agreement (BTA) in United States. Recurrent Energy signed a BTA with Entergy Mississippi in 2018 naming the regulated utility as the owner of the Sunflower project when it has reached commercial exploitation. The BTA was unanimously approved by the Mississippi Public Service Commission in April 2020.

“This is a historic day for Entergy Mississippi, our customers and our state,” said Haley FisackerlyPresident and CEO of Entergy Mississippi. “Powering communities is at the heart of our business, and this plant does so in several ways: by providing clean, green energy to customers and protection against rising natural gas prices and by incentivizing industries with of renewable energy to localize or expand their operations. in our state.”

“We are proud to have completed the largest solar project in Mississippi on behalf of Entergy in a way that supported Mississippi businesses and paved the way for more renewable energy in the state,” said dr. Shawn QuPresident and CEO of Canadian Solar. “Sunflower is our first build-own-transfer project and our first project in Mississippi. We look forward to supporting the growth of solar power throughout the Southeast United States and repeating this model that brings added value to our customers.”

The Sunflower project is the first plant in what will be the largest renewable energy expansion in state history. Under a program called EDGE, for “Economic Development with Green Power,” Entergy Mississippi plans to replace some aging natural gas power plants with 1,000 megawatts of renewable energy over the next five years.

The Sunflower employee project Mississippi salespeople and construction workers. Attala Steel Industries, based in Kosciusko, supplied 2,475 tons of steel for the foundations. Additionally, A-1 Kendrick Fence Company, based in jackson, installed the perimeter fence. More than half of the man-hours put into building the project came from local workers in the region and surrounding counties. Signal Energy LLC served as the EPC vendor.

The emission-free renewable energy plant sits on approximately 1,000 acres in sunflower county and connects to the Entergy transport network by Ruleville. The plant is a single-axis tracking photovoltaic power generator with 272,000 PV modules.

In 2021, Entergy Corporation announced plans to triple its renewable energy portfolio over a three-year period. Entergy plans to have 11,000 megawatts of renewable energy generation by the end of 2030. The Sunflower is another important step in Entergy’s ongoing transformation of its power generation portfolio, meeting customer needs with clean, efficient and diverse power sources while maintaining affordable rates. To learn more about Entergy’s growth in renewable energy production, visit entergy.com/renewable-energy.

About Entergy Mississippi Entergy Mississippi, LLC provides electricity to approximately 461,000 customers in 45 counties. Entergy Mississippi is a subsidiary of Entergy Corporation, an integrated energy company active in the generation, transmission and retail distribution of electricity. Entergy provides electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy owns and operates one of the cleanest utility scale power generation fleets in the United States with approximately 30,000 megawatts of power generation capacity, including 7,000 megawatts of nuclear power. Based at New Orleans, LouisianaEntergy has annual revenues of $10 billion and approximately 12,500 employees.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the largest solar technology and renewable energy companies in the world. It is a leading solar PV module manufacturer, solar power and battery storage solution provider, and developer of large-scale solar power and battery storage projects with a geographically diverse pipeline in various stages of development. Over the past 20 years, Canadian Solar has successfully delivered approximately 71 GW of premium quality solar PV modules to customers around the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected more than 6.6 GWp in more than 20 countries around the world. Currently, the Company has 800 MWp of projects in operation, 5.3 GWp of projects under construction or in the backlog (advanced stage) and an additional 18.5 GWp of projects in progress (intermediate to early stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been listed on NASDAQ since 2006. For more company news, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About Recurring Energy (Canadian Solar Branch)
Recurrent Energy is a leading developer of large-scale solar and storage projects, providing clean, competitive electricity to large energy buyers. Based in the United States, Recurrent Energy is a wholly owned subsidiary of Canadian Solar Inc. and operates as the US project development arm of Canadian Solar. Recurrent Energy has approximately 5 GW of solar and storage projects under development in the United States. Further details are available at www.recurrentenergy.com.

Canadian Solar Inc. Investor Relations Contacts
Isabelle Zhang
Investor Relations
Canadian Solar Inc.
[email protected]

David Pasquale
Global IR Partners
Tel: +1-914-337-8801
[email protected]

Frequent requests from energy media
Coppled ally
Innovative public relations
713-201-8800 (direct line)
[email protected]

Entergy Mississippi Media Inquiries:
Mara M. HartmannAPR
601-969-2520 (office)
601-594-9042 (cell)
[email protected]

SOURCE Canadian Solar Inc.

About Cassondra Durden

Check Also

USGC: Indy 500 highlights role of ethanol in racing and global market

By US Grains Council | June 16, 2022 Delegations from Japan, South Korea, India and …