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Renewable energy jobs at Recurrent Energy

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Austin, TX 501–1,000 employees Solar · Energy storage · Smart grid recurrentenergy.com
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Recurrent Energy
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About Recurrent Energy

Company Overview

Recurrent Energy, a wholly-owned subsidiary of Canadian Solar Inc.

Austin, TX, United States

2006

Approximately 1,000 employees and generated $699.2 million in revenue (source: zoominfo.com).

What They Do

Recurrent Energy specializes in the development, ownership, and operation of utility-scale solar photovoltaic (PV) projects and battery energy storage systems (BESS). The company focuses on delivering clean and reliable power through a comprehensive approach that includes full lifecycle management of large-scale solar farms and storage facilities. This encompasses development, engineering-procurement-construction (EPC) partnerships, financing, power purchase agreements (PPAs), and long-term ownership and operations, showcasing their expertise in the renewable energy sector (source: cbinsights.com). Recurrent Energy primarily targets large energy buyers, including utilities and corporations like Microsoft and Arizona Public Service (APS), who require competitive renewable electricity solutions (source: recurrentenergy.com). The company has established itself as one of the largest and most geographically diversified platforms in the utility-scale solar and storage market, leveraging its in-house team of energy experts and integration with Canadian Solar's manufacturing capabilities.

Projects & Track Record

Recurrent Energy has a strong portfolio of notable projects, including the 127 MWdc Bayou Galion Solar project located in Morehouse Parish, Northeast Louisiana. This project began development in 2018, commenced construction in December 2023, and is expected to reach operational status by fall 2024 under a PPA with Microsoft (source: recurrentenergy.com). Additionally, the company has ongoing major projects involving tolling agreements with APS for 1,800 MWh of energy storage and 150 MWac of solar capacity delivery by 2026, which will significantly contribute to Arizona's energy expansion (source: zoominfo.com). Recurrent Energy's client base includes major players like Microsoft and APS, and it has established partnerships with firms such as MUFG for financing and Primoris Renewables for EPC services on the Bayou Galion project.

Recent Developments

In recent years, Recurrent Energy has made significant strides in project financing and partnerships. On February 6, 2024, the company announced the closing of $160 million in project financing from MUFG for the Bayou Galion Solar project, securing Microsoft as its PPA customer, which marks a pivotal moment in their project ownership strategy (source: recurrentenergy.com). Furthermore, on October 31, 2024, Recurrent Energy signed tolling agreements with APS for the delivery of 1,800 MWh of storage and 150 MWac of solar capacity by 2026 (source: zoominfo.com). The company has also achieved milestones such as the Mannum BESS in Australia receiving AEMO MMS registration for testing and commissioning, further solidifying its presence in the renewable energy market.

Working There

Recurrent Energy offers a diverse range of roles across various departments, including development, engineering, procurement, construction oversight, financing, operations, and power services. The organizational structure features key positions such as CEO Ismael Guerrero and a President of Power Services, reflecting a commitment to project development and community engagement (source: recurrentenergy.com). The company primarily hires for its Austin, Texas headquarters, with opportunities arising from projects in locations like Louisiana and Arizona. Recurrent Energy emphasizes a culture of long-term community partnerships, focusing on local hiring and collaboration with stakeholders to foster positive impacts in the areas where they operate (source: recurrentenergy.com). While specific benefits are not detailed, the scale of the company and its parent organization suggest competitive industry-standard packages for employees.

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