Recurrent Energy, a solar services provider, specializing in the installation and operation of large rooftop systems, yesterday announced supply agreements with three separate photovoltaic (PV) module suppliers–Yingli Green Energy (NYSE:YGE), Suntech (NYSE:STP), and SolarWorld California, part of SolarWorld AG (SWV.DE).
Recurrent Energy said the agreements ensure access to sufficient supply of solar modules to meet its project needs.
Recurrent Energy builds, owns, and operates solar power systems–providing solar power as a service to Real Estate Investment Trusts (REIT) and institutional property owners.
"We’re pleased to be working with our partners to ensure a ready supply of solar modules," explained Arno Harris, CEO of Recurrent Energy. "By sourcing directly from three of the world’s leading module manufacturers, we have diversified our risk and reduced our exposure to regional supply and price variations."
About Recurrent Energy
Recurrent Energy builds, owns, and operates solar power systems on its customers’ rooftops–supplying on-site solar electricity via a power purchase agreement.
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