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Recurrent Energy
Project development platform for solar & energy storage
- 201-500 employees
- B2B
- Energy
- Sustainability
- Environmental
- Congress Avenue Historic District, Austin, TX
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Company mission
To deliver clean, reliable and affordable power to the world, today and tomorrow.
Our take
Solar energy is a rapidly growing industry, and its use is expected to continue to increase in the coming years. Recurrent Energy is a leader in the solar energy space, delivering a platform for the development, ownership and operations of utility-scale solar and energy storage projects.
Recurrent Energy's offering covers the entire lifetime of a solar project, from development and originating to operations, maintenance and management. Founded in 2006, the company is now a subsidiary of Canadian Solar, which is one of the top 5 solar panel manufacturers in the world.
Recurrent Energy has also shown impressive growth, having completed projects encompassing 9 GWp of solar energy and 3 GWh of battery storage. A recent win for the company was a huge round of funding which will allow it to further its ownership options and expand further into the US and Europe.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Jan 2024
$483.9m
CONVERTIBLE
Jul 2008
$75m
SERIES B
Total funding: $568.9m
This company has top investors
Leadership
Ismael Guerrero
(CEO, not founder)Also the Corporate Vice President/President of the Energy Group of Canadian Solar Inc. and Founder/Managing Director of VIGA.