lightsource bp

Oil and gas major BP has increased its stake in international solar developer Lightsource BP in a bid to accelerate the firm’s growth.

Lightsource BP has signed financing agreements to develop its maiden utility-scale solar project in Australia.

Lightsource BP has announced its entry into the Spanish solar market with the acquisition of a 300MW project portfolio in Zaragoza.

Developer will build and run project touted as largest single-customer on-site PV scheme in US to date, backed under 20-year PPA with Xcel Energy.

Lightsource BP has secured US$140 million financing for a portfolio of seven utility-scale PV projects across the US.

Scheme is part of global series by UK-headquartered firm, including Canadian-funded 700MW-plus pipeline worldwide and 1.9GW push in Brazil.

Developer confirms plans to break ground on 6 September on first of three installations set to cover 25% of Penn State University’s power needs.

UK player taps into one of Latin America’s solar markets-of-the-moment by purchasing Enerlife’s assets and taking on key staff of Brazilian auction winner.

Lightsource BP is proposing the development of a 49.9MW solar farm in Nottingham, UK, with a 700MW global pipeline announced.

Caisse de dépôt et placement du Québec will back over 100 projects with an initial £150m debt injection, with a possibility for further funding.