Recurrent energy secures $183 million in project financing and tax equity for merchant storage project in texas

200 mwh fort duncan storage is under construction and is expected to be operational by summer 2025 to support ercot's peak power demand kitchener, on , march 18, 2025 /prnewswire/ -- recurrent energy, a subsidiary of canadian solar inc. ("canadian solar") (nasdaq: csiq) and a global developer, owner, and operator of solar and energy storage assets, announced today that it has closed project financing and tax equity for its fort duncan storage project. the 200 mwh storage project, located in maverick county, texas, is currently under construction and is expected to be commercially operational by summer 2025 to support ercot's peak power demand.
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