10 Power Purchase Agreements signed and 1.3GW contracted in 2024

Lightsource bp, a leading developer and operator of utility-scale renewable energy projects, achieved a significant milestone in 2024 by securing 10 power purchase agreements (PPAs) totalling 1.3GW across Europe, the Americas and APAC. This achievement underscores the company’s experience and track record in delivering renewable energy solutions, tailored to meet the diverse needs of corporate and utility buyers across global markets. As energy buyers worldwide increasingly prioritise cost competitiveness and energy resilience, the renewable energy market continues to grow. To date, Lightsource bp has contracted with leading global corporations such…

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Lightsource BP to accelerate global solar growth with further investment from BP

The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture structure. As part of the transaction, BP will purchase newly-issued equity in the business to help accelerate Lightsource BP’s growth, supporting its ambitious drive towards 10GW of developed assets by the end of 2023. In December 2017, BP acquired 43% of Lightsource which was subsequently rebranded to Lightsource BP. Today, BP has agreed to purchase additional equity in Lightsource BP to become an equal partner in the business with…

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