The project will be able to produce clean electricity to power more than 11,000 homes.
Recurrent Energy said the project has a long-term power purchase agreement (PPA) with Duke Energy Progress.
In September 2017, Recurrent Energy signed an agreement with Falck Renewables for the sale of 99% of its Class B membership interest in the project to the latter. The transaction is expected to close in November 2017.
Depcom Power, which has provided engineering, procurement and construction services for the project, will also deliver operations and maintenance services.
The project has created 275 peak construction jobs, of which 95% were local hires, and 30% were US veterans in accordance with the veteran hiring program requirements of the project.
Canadian Solar chairman and chief executive officer Shawn Qu said: “The completion of the IS-42 project is an important milestone in our ongoing commitment to deliver cost-effective solar power to markets across the US.”
“This is Recurrent Energy’s first completed project in North Carolina, and we continue to see great potential in the state.”
Recurrent Energy, a utility-scale solar project developer, functions as Canadian Solar’s US project development arm, and has more than 4GW of solar projects in development in the US.
Founded in 2001, Canadian Solar manufactures solar photovoltaic modules and provides solar energy solutions globally.
Depcom Power provides services such as project development support, engineering, procurement and construction and operations and maintenance services for utilities, power producers and project development companies.
