Global Infrastructure SherpaRecurrent Energy Signs 10-Year PPA with Italian Fashion Group for 80% of Power from 8.05 MWp Pozzolo Solar Plant in Italy
8.05 MW
Capacity
operating
Stage
Pozzolo Project
Project
Recurrent Energy, a subsidiary of Canadian Solar Inc., has executed a 10-year Power Purchase Agreement (PPA) with a prominent Italian fashion group. Under this corporate PPA, the fashion group will procure 80% of the electricity generated by Recurrent Energy's 8.05 MWp Pozzolo solar plant, located i...
Counterparts (2)
Deal Analysis
This deal involves Recurrent Energy, a subsidiary of Canadian Solar Inc., executing a 10-year corporate Power Purchase Agreement (PPA) with a prominent Italian fashion group. Under this agreement, the fashion group will procure 80% of the electricity generated by Recurrent Energy's 8.05 MWp Pozzolo solar plant, located in Italy's Piedmont region. The plant, which recently commenced commercial oper...
- 10-year corporate PPA for 80% offtake from an operating solar plant.
- 8.05 MWp Pozzolo solar plant in Italy, supplying 10,864 MWh annually.
- Involves Recurrent Energy (Canadian Solar subsidiary) and a prominent Italian fashion group.
- Expands Recurrent Energy's operational portfolio in Italy to 132 MW and supports decarbonization.
Timeline
Announced
Feb 27, 2026
Signed
Feb 27, 2026
Closed