Recurrent Energy owns and operates a series of rooftop solar projects in Spain. The projects are the result of an innovative co-development arrangement with ProLogis, a leading global provider of distribution facilities. Recurrent Energy was awarded a feed-in tariff by the Spanish government for the projects, which entered commercial operation in Summer 2010.
Under the terms of the arrangement between the companies, Recurrent Energy leases rooftops from ProLogis as solar project sites. The systems are grid-connected, feeding all power generated back into the local utility through a feed-in tariff. The execution of the projects used local services within Barcelona and Madrid, including local contractors, engineering firms, and consultants.
Reuters — “ProLogis, Recurrent Energy Tie Up on Solar Project”
GreenBeat — “Recurrent, ProLogis Team Up for 4.8 MW of Rooftop Solar in Spain”
RenewableEnergyWorld — “Recurrent Launches European Operations With 4.8-MW Project”
“Working with Recurrent Energy brings us their expertise of developing distributed-scale projects which are faster to interconnect and permit, delivering the benefits of solar energy sooner.”
Drew Torbin, Director of Global Renewable Energy, ProLogis