lightsource bp

BP has set its sights on amassing a 50GW renewables portfolio by 2030 as it lays out its strategy to become a net zero company.

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

Mid-century net zero goal will see global O&G major double down on clean energy investments and create a new low carbon power business.

Iberian operators tell London event they worry adoption of Lisbon’s solar auction design by neighbour Spain could entrench model producing prices developers ‘cannot survive’ on.

Lightsource BP has clinched a funding deal with London-headquartered bank NatWest to finance the development of its maiden Spanish solar projects.

Indian EPC giant launches construction works for 200MW solar project Lightsource BP is developing in Australia.