Why Canadian Solar’s (CSIQ) Italy PPA Signals Recurrent Energy’s Broader Expansion Push

Canadian Solar Inc. (NASDAQ:CSIQ) is 1 of the 10 Best Renewable Energy Stocks to Buy Now. On February 27, 2026, it was reported that Recurrent Energy, a subsidiary of Canadian Solar Inc. (NASDAQ:CSIQ), signed a 10-year powerfulness acquisition statement with a large Italian manner radical tied to the Pozzolo Project successful Piedmont, Italy. Recurrent Energy’s ain announcement, dated February 25, 2026, said the statement covers 80% of the vigor produced by the 8.05 MWp star PV plant.

The institution said the works precocious entered commercialized cognition and is located successful an concern area. Under the agreement, the counterparty is expected to person astir 10,864 MWh of cleanable energy per year, on with the related Guarantees of Origin. Recurrent Energy besides said the task is expected to debar much than 2,500 tons of CO2 annually.

Recurrent Energy said the Pozzolo Project is its eighth connected task successful Italy and its archetypal successful bluish Italy, bringing its operating portfolio successful the state to 132 MW. Chief Executive Officer Ismael Guerrero said the statement supports renewable vigor improvement successful the portion and reflects the company’s continued enlargement successful Italy and globally.

Recurrent Energy is simply a subsidiary of Canadian Solar Inc. (NASDAQ:CSIQ), which is 1 of the world’s largest star exertion and renewable vigor companies. Canadian Solar says it has shipped 170 GW of star modules and 15.7 GWh of artillery storage, portion Recurrent Energy’s pipeline stands astatine 25 GWp of star projects and 80.6 GWh of vigor projects.

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