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Recurrent Energy

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Distributed solar power that makes renewable energy a practical choice for large scale energy users

San Francisco, United StatesFounded 2006Energy
Valuation $250–500M Last recorded · 2015
Revenue $5–10B Latest reported FY
Headcount 500–1k Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Recurrent Energy and the history behind them.

About Recurrent Energy

Recurrent Energy is a globally diversified utility-scale solar and energy storage project development, ownership, and operations platform. As a wholly-owned subsidiary of Canadian Solar Inc., Recurrent Energy serves as the global development and power services arm of its parent company. The business focuses on large-scale solar and energy storage projects, catering to utility companies and large-scale energy consumers. Operating in various international markets, Recurrent Energy generates revenue through the development, ownership, and operation of solar and energy storage projects. The company leverages its in-house team of energy experts to deliver comprehensive solutions in the renewable energy sector.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2006
Headquarters
San Francisco, United States
Employees
861
Open positions
25
Dealroom signal
88.3/100
Industry
Energy
Sub-industry
Clean Energy
Sector
Energy, Solar Energy, Sustainable Development Goals, Climate Tech, Renewable Energy, Hard Tech, Became Thoroughbred as Subsidiary
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PROJECT, REAL ESTATE, INFRASTRUCTURE FINANCEOther financing Apr 2026 $1.3B — Rabobank · BBVA · ABN AMRO · ING Group ↗
DEBTDebt Jun 2025 $68M — Undisclosed ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Recurrent Energy website traffic

Latest recorded traffic for Recurrent Energy is 11K monthly website visits, down 15.4% over the last three months. Recurrent Energy's team grew 712.3% over the past year.

Latest monthly visits11K 3-month web change-15.4% 1-year team growth+712.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Mohr Davidow Ventures
  • Hudson Clean Energy Partners
  • BlackRock

Series B and later3 investors entered at this stage

  • Natixis
  • Santander CIB
  • Investec

Other known investors9 additional known investors

  • Canadian Solar
  • Rabobank
  • ABN AMRO
  • Banco de Sabadell
  • BBVA
  • ING Group
  • Intesa Sanpaolo
  • Morgan Stanley
  • Santander Group
Team profiled 30 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
26 countries with
team presence
🇪🇸 Spain25.8%
🇺🇸 United States20.3%
🇧🇷 Brazil14.2%
🇨🇦 Canada9.3%
🇬🇧 United Kingdom8.2%
Top 5 of 26 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Recurrent Energy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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