BP slashes renewables investment, seeks new Lightsource BP partner
Oil and gas giant BP wants to sell stake in Lightsource BP just four months after completing full takeover of the renewables developer. New “strategy reset” will also cut company’s investment in energy transition by $5 billion per year.
Lightsource bp drops 300 MW solar project due to public opposition
Lightsource bp has abandoned plans for a 300 MW solar project in the US state of Ohio due to opposition from local residents.
Envirostream Australia signs battery recycling deal with Hithium Energy
Envirostream Australia, a subsidiary of Livium, has signed an exclusive recycling agreement with Hithium Energy to recycle lithium-ion batteries supplied by Hithium to Lightsource bp’s Woolooga solar farm in Queensland, Australia.
Jera Nex acquires US solar sites from Lightsource bp
Jera Nex has purchased two US solar arrays totaling 395 MW from Lightsource bp. The acquisition marks Jera Nex’s first deal since it launched in April. Lightsource bp will continue to manage assets and provide maintenance services at the projects.
Work underway on Lightsource bp’s 560 MW solar project in Greece
Lightsource bp has announced its joint venture company Ameresco Sunel Energy SA as the EPC contractor and O&M provider for its 560 MW solar project in mainland Greece. The project has been billed as one of Europe’s largest solar sites.
Lightsource bp switches on 40 MW of solar in Poland
UK-based Lightsource bp says its first solar project in Poland has begun commercial operations, with the developer signing a long-term power purchase agreement (PPA) with Microsoft.
RWE approves first 8-hour big battery in Australia
Germany’s RWE has signed key contracts for the Limondale eight-hour battery storage project, which is now under development in Australia.
Lightsource bp unveils plans for solar-plus-storage in Ireland
Lightsource bp says it plans to develop a solar-plus-storage facility in Ireland. The proposed installation will feature a 57 MW solar array and a 54 MW energy storage system on an open grassland site in the eastern part of the country.
Lightsource bp secures financing for 560 MW Greek solar project
Investment totaling €315.35 million ($337.8 million), consisting of funds from Eurobank and the Recovery and Resilience Fund Greece 2.0, will allow UK developer Lightsource bp to begin developing a 560 MW solar project located in the east of mainland Greece.
BP to take full control of Lightsource BP
Energy giant BP announced today it would take full ownership of solar and wind energy developer Lightsource BP once a deal – pertaining to the purchase of the remaining renewables company’s shares BP does not own – goes through next year.
