Lightsource bp enters German market, targets up to 400MW solar PV per year by 2030

Facebook
Twitter
LinkedIn
Reddit
Email
Lightsource bp is exploring greenfield, co-development and acquisitions opportunities to bolster its German pipeline portfolio. Image: Lightsource bp.

Solar developer Lightsource bp has entered the German solar PV market and is aiming to develop between 300-400MW per year by 2030.

As it enters the biggest solar market in Europe, the UK-based developer is aiming to have a solar PV pipeline at the gigawatt level and is exploring greenfield, co-development and acquisition opportunities, according to Stephan Jeznita, head of business development at Lightsource bp in Germany.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

This marks the tenth European market the solar developer has entered, right when the German Federal Ministry for Economic Affairs and Climate Action published its national solar strategy on Tuesday that aims to treble the actual rate of its annual solar PV installation, while last year Germany amended its nearly US$30 billion renewable energy scheme designed to reach the 215GW of solar PV target by 2030 set by the European country.

“Our country has set itself very ambitious goals and is on the way back to becoming a global pioneer. Approval procedures are still too complex and lengthy. However, as a company, we can handle complexity and we are not deterred by complicated approval processes,” said Jeznita.

In Europe, Germany will not be the only gigawatt-scale market Lightsource bp expects to develop solar PV projects in over the coming years, as it recently received environmental approval for 19 solar projects in Spain with a total capacity of 1.6GW which are expected to be operational by 2025.

By the end of 2023 the company expects to have a workforce of 12 to 20 new jobs in Germany to help the company develop its pipeline.

PV Tech publisher Solar Media will be organising the 11th annual edition of Large Scale Solar Europe in Lisbon, Portugal during 21-22 March. The event will explore the future solar markets of Portugal, Spain and Italy and with panels around securing faster grid connection, solar-wind hybrid projects and the integration of storage with solar PV among others.

26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

May 30, 2024
Fraunhofer ISE has developed a TOPCon solar cell with a power conversion efficiency of 24%, which is comprised of M10 silicon wafers.
May 28, 2024
Google has signed virtual power purchase agreements (PPAs) with two Japanese companies to build 60MW of new solar capacity in Japan.
May 21, 2024
US solar developer Origis Energy has secured a US$300 million corporate financing facility from investment firm KKR.
May 14, 2024
Chinese solar manufacturer JinkoSolar has provided 1.1 million modules to solar developer Move On Energy’s 650MW solar park in Germany.
May 9, 2024
After a steep decline in inverter shipments in the last quarter of 2023, Solaredge has started the first quarter of 2024 with an increase to 946MW.
May 8, 2024
SMA Solar has published its financial results for the first quarter of the year, which include falling sales in the home and C&I sectors.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore