Recurrent Energy Signs Power Purchase Agreement With Qualcomm in Spain

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Recurrent Energy, a subsidiary of Canadian Solar Inc., has signed a Power Purchase Agreement (PPA) with Qualcomm Incorporated. Under this agreement, Recurrent Energy will supply renewable energy from a newly developed solar photovoltaic (PV) project in Spain to Qualcomm. The project is anticipated to create over 300 jobs during construction and provide long-term employment opportunities, while Recurrent Energy will maintain ownership and operational control.

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