Recurrent Energy Buys UPC Solar's Assets

Moresco, Justin
March 2009
Red Herring;3/18/2009, p5
Trade Publication
The article discusses the purchase of the 350-megawatt solar project pipeline of UPC Solar by Recurrent Energy in 2009. The deal is able to provide Recurret Energy more project opportunities in the U.S. and Canada. The deal takes place amid the pressure in the solar industry in terms of an oversupply of solar cells and modules, the global recession, and tight credit markets.


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