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Recurrent Energy

Renewable Energy
Founded
--
Employees
--
Total Funding
$5.8B
Funding Rounds
16
Last Funding
2025-10-21

About Recurrent Energy

Recurrent Energy is a leading global developer, owner, and operator of utility-scale solar and energy storage projects. As a subsidiary of Canadian Solar Inc., it functions as their global development and power services business, delivering clean, reliable, and affordable power worldwide. With a focus on low-cost clean energy and economic development, they have completed approximately 11.5 GWp of solar projects and over 3 GWh of energy storage projects across six continents.

Products & Services

Solar Energy Projects:Development and operation of utility-scale solar projects, with 11.5 GWp completed and 25 GWp under development globally.
Energy Storage Solutions:Development and operation of battery storage systems, with over 3 GWh completed and 75 GWh under development, offering flexible energy delivery as standalone or coupled with solar.
O&M Services:Operation and maintenance services for solar and energy storage projects, with 13 GWp of contracted projects under long-term agreements.
Solar power plants
Battery energy storage systems

Specialties

Utility-scale solar project development Energy storage systems Operation and maintenance services Power marketing and optimization Project lifecycle management (siting, design, financing, construction) Solar PV development Energy storage

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Project Financing
T: -
FT: Project Financing
A: 825000000
MR: -
FA: $825 million
FAN: 825000000
D: 2025-10-21
FD: 2025-10-21
5 investors
2 RT: Project Financing and Tax Equity
T: -
FT: Project Financing and Tax Equity
A: 260000000
MR: -
FA: $260 million
FAN: 260000000
D: 2025-07-17
FD: 2025-07-17
1 investors
3 RT: Debt
T: -
FT: Debt
A: 415000000
MR: -
FA: 415 million
FAN: 415000000
D: 2025-04-30
FD: 2025-04-30
4 investors
4 RT: Project Financing and Tax Equity
T: -
FT: Project Financing and Tax Equity
A: 183000000
MR: -
FA: $183 million
FAN: 183000000
D: 2025-03-18
FD: 2025-03-18
2 investors
5 RT: Equity Investment
T: -
FT: Equity Investment
A: 500000000
MR: -
FA: $500 million
FAN: 500000000
D: 2024-10-03
FD: 2024-10-03
1 investors
6 RT: Debt
T: -
FT: Debt
A: 54000000
MR: -
FA: €50 million
FAN: 54000000
D: 2024-07-24
FD: 2024-07-24
1 investors
7 RT: Tax Credit Transfer
T: -
FT: Tax Credit Transfer
A: 103000000
MR: -
FA: $103 million
FAN: 103000000
D: 2024-06-27
FD: 2024-06-27
3 investors
8 RT: Debt
T: -
FT: Debt
A: 513000000
MR: -
FA: $513 million
FAN: 513000000
D: 2024-06-20
FD: 2024-06-20
8 investors
9 RT: Equity Investment
T: -
FT: Equity Investment
A: 500000000
MR: -
FA: $500 million
FAN: 500000000
D: 2024-06-03
FD: 2024-06-03
1 investors
10 RT: Debt
T: -
FT: Debt
A: 1404000000
MR: -
FA: up to €1.3 billion
FAN: 1404000000
D: 2024-05-23
FD: 2024-05-23
10 investors
11 RT: Debt
T: -
FT: Debt
A: 70000000
MR: -
FA: 343 million Brazilian reais
FAN: 70000000
D: 2024-04-15
FD: 2024-04-15
1 investors
12 RT: Debt
T: -
FT: Debt
A: 120000000
MR: -
FA: €110 million
FAN: 120000000
D: 2024-04-03
FD: 2024-04-03
1 investors
13 RT: Debt
T: -
FT: Debt
A: 51000000
MR: -
FA: $51 million
FAN: 51000000
D: 2024-02-27
FD: 2024-02-27
2 investors
14 RT: Preferred Equity
T: -
FT: Preferred Equity
A: 500000000
MR: -
FA: $500 million
FAN: 500000000
D: 2024-01-23
FD: 2024-01-23
1 investors
15 RT: Debt
T: -
FT: Debt
A: 100000000
MR: -
FA: 490 million Brazilian reais
FAN: 100000000
D: 2023-11-22
FD: 2023-11-22
2 investors
16 RT: Project Financing and Tax Equity
T: -
FT: Project Financing and Tax Equity
A: 200000000
MR: -
FA: $120 million in project financing and $80 million in tax equity
FAN: 200000000
D: 2023-09-19
FD: 2023-09-19
3 investors
Project Financing Latest
2025-10-21
$825.0M
5 investors (Pro only)
Project Financing and Tax Equity 2025-07-17
$260.0M
Debt 2025-04-30
$415.0M

View 15 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Recurrent Energy Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Renewable Energy

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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