Recurrent Energy, a subsidiary of Canadian Solar Inc., has signed a $103 million tax credit facilitation agreement with Bank of America for its North Fork Solar Project – a 160 MW development located southwest of Oklahoma City.
Oklahoma Municipal Power Authority (OMPA), which serves 42 municipally owned electric systems in Oklahoma, will purchase 100% of the energy produced by North Fork Solar under a 15-year agreement.
Recurrent Energy will continue to own and operate the project long-term.
This tax equity agreement marks Recurrent Energy’s first production tax credit (PTC) transaction and first tax credit transfer transaction.
At its peak, North Folk Solar employed approximately 500 construction workers. Blattner provided engineering, procurement, and construction services, enlisting several local companies as subcontractors.
Recurrent Energy began developing North Fork Solar in 2018. NordLB and Rabobank provided project financing. CRC-IB and Latham & Watkins advised Recurrent Energy on the tax credit transfer transaction.
The post 160 MW North Fork Solar Now Operational in Oklahoma appeared first on Solar Industry.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
The drawing here reminds me of a conversation I had with my mother in the early days of 2GreenEnergy when she saw that my focus had become an ongoing effort to improve the wellbeing of all the planet’s inhabitants–now and into the future.
She asked me, “Why don’t you just live your life?”
I explained, “This is my life.”
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