Canadian Solar subsidiary completes 200 MW project
Canadian Solar, one of the world’s largest solar power companies, announced the commercial operation of the 200 MWac/258 MWp Tranquillity solar power project in California. The Tranquillity project was developed by Canadian Solar’s wholly-owned subsidiary Recurrent Energy and is majority-owned by Southern Company subsidiary Southern Power. Electricity and the associated renewable energy credits (RECs) produced by the Tranquillity solar facility will be sold under long-term power purchase agreements to offtakers including Southern California Edison (SCE). In August 2015, Southern Power signed an agreement to acquire a 51 per cent controlling interest in the Tranquillity solar power project. Canadian Solar retains 49 per cent ownership of the facility. The Tranquillity facility, which is expected to generate enough electricity to power approximately 50,000 homes, is sited on 1,900 acres of retired agricultural land in Fresno County.