Natural gas pipeline company will power operations with 28-MW solar farm –

Canadian Solar announced its wholly
owned subsidiary, Recurrent Energy is currently constructing the 28-MWac
Maplewood 2 Solar Project for Energy Transfer, a Dallas-based Fortune 100
midstream energy company.

Maplewood 2 is located in Pecos
County in the Permian Basin of West Texas, and will clean power to Energy
Transfer under a 15-year Power Purchase Agreement (PPA). This PPA marks Energy
Transfer’s first-ever dedicated solar contract.

“The Maplewood 2 Solar Project
is our third project to be constructed in Texas, bringing our total to more
than 385 MWac of low-cost clean solar projects built in the Lone Star State. We
are pleased that this project is now under construction, as it brings us that
much closer to delivering low-cost, clean power to Energy Transfer,” said Dr.
Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.

“The Maplewood 2 Solar Project
demonstrates our commitment to reducing our environmental footprint by
integrating alternative energy sources when economically beneficial,” said
Mackie McCrea, President and Chief Commercial Officer, Energy Transfer. “While
we currently use a diversified mix of energy sources along with
emission-reducing technologies to operate our assets, this project marks a new
milestone for us as our first dedicated solar-powered facility.”

Texas has led the production of
energy since the discovery of the Spindletop oilfield in 1901. The state’s
geography and natural resources, skilled labor force, and internal competitive
power market, the Electric Reliability Council of Texas (ERCOT), give it an
energy advantage. According to a report by Wood Mackenzie and the Solar Energy
Industries Association, Texas ranks 4th in the U.S. for solar installed,
with enough solar capacity to power more than 640,000 homes, and is poised to
become a nationwide leader with more than 4 GW of capacity expected to be
installed over the next five years.

Dr. Qu added, “Our partnership
with Energy Transfer on the Maplewood 2 Solar Project is emblematic of the
diverse Texas energy landscape and represents the market-oriented business
climate the state is so well known for. It’s tremendous to be working with
Energy Transfer to provide an economical, clean energy solution that will
support their U.S. operations.”

The Maplewood 2 Solar Project is estimated to be in operation in Q1 2021.