US aerospace and defence company L3Harris Technologies has signed a virtual power purchase agreement with Lightsource BP for up to 100MW of capacity from a new solar farm in Texas.
BP has set lofty targets for its renewables ambitions, backing bifaciality and merchant revenue strategies to provide major boosts as it targets 50GW of renewable capacity by 2030.
BP has invested US$70 million in a green growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar firm Lightsource BP.
Solar engineering, procurement and construction contractors have a central role in ensuring the long-term performance and profitability of PV power plants. Ben Willis speaks to Adele Ara and Ralph Gottschalg of SolarPower Europe’s O&M and Asset Management Task Force, which is drawing up the industry’s first best practice guidelines for EPC companies
A round-up of recent news from the US market, as a VPPA-backed project in North Carolina secures financing and Kansas’ largest utility-scale solar farm comes onstream.
Solar player enlists oil major BP, HSBC, Natwest and Bank of America as it raises US$250m package to sponsor project northeast of Dallas, set to trade energy with BP.
The services and skills offered by asset managers have a central role to play in boosting the value of solar PV investments. Adele Ara, Máté Heisz, Magda Martins, Diego Molina and Paul Norrish outline the key recommendations in the solar industry’s first set of best practice guidelines for asset managers
