Canadian Solar Inc will supply solar energy to oil and gas pipeline company Energy Transfer from a solar project in the Permian in a first-ever dedicated solar contract that Dallas-based Energy Transfer has signed. Canadian Solar’s wholly owned subsidiary Recurrent Energy has signed a power purchase agreement (PPA) to supply Energy Transfer with solar energy from the Maplewood 2 project in Pecos County in West Texas for a duration of 15 years, the Canadian solar company said in a statement. “Insiders of the renewable energy industry know well that solar PPAs often help corporations lock in low-cost electricity prices to power their operations. However, it is rewarding in 2019 to also see valued partners from the traditional energy sector like Energy Transfer view a purchase of electricity from high quality Canadian Solar assets like the Maplewood 2 project as a financially sensible decision,” Dr. Shawn Qu, chairman at Canadian […]