Recurrent Energy was formed as an independent power producer and a leading developer of distributed solar projects for utilities, government, and commercial customers. It develops, builds, and operates distributed solar power systems—typically 2 - 20 MW each—connected to the existing distribution grid. The company’s vision: to use proven solar technology to meet rising energy demand with a fleet of clean power plants located right where they’re needed most. Recurrent Energy’s strategic focus on distributed scale projects enables it to bypass many of the time consuming land-use and interconnection issues that typically delay central-scale renewable projects. As a result, it delivers the benefits of solar to customers, the environment, and our investors on a shorter timeframe.

 

Sharp Corporation announced it would acquire the company in September 2010.  The acquisition is expected to close before the end of 2010.