Swedish industrial seal manufacturer SFK has signed a 12-year Renewable Energy Certificate (REC) purchase agreement with US clean energy developer Clearway Energy Group.
Under the deal, SFK will purchase a portion of the RECs from the power developed at Clearway’s 452MW solar PV project in Kent County, Texas, US. The project is currently under construction and the deal will commence in 2026. SFK did not specify the quantity of the RECs due to change hands.
(The above content is reproduced from pv-tech,By Will Norman)
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