Lightsource bp accelerates growth in Germany by signing 500MWp Development Agreement with Kajoni Energie GmbH
Lightsource bp plans to realise a development pipeline of over 500MWp in Germany over the next two to three years, focusing on projects of at least 20MW. To help accelerate our growth plans for developing utility-scale solar projects in Germany, we have signed a development agreement with Kajoni Energie GmbH (“Kajoni”), a German-based developer of renewable energy projects.
We will work closely with Kajoni, who will identify project sites of at least 20 hectares and procure all necessary project rights to achieve ready-to-build status. Then, once the projects begin construction, they will be wholly owned by Lightsource bp.
Stephan Jeznita, Head of Business Development Germany, Lightsource bp, said: “Kajoni is deeply rooted in Lower Saxony, a region with very high potential for solar power. We are ambitious in growing the German market, and local partners like Kajoni are an ideal addition to our own greenfield development operations across Germany”.
Lightsource bp entered the German market in 2023 with a goal to become one of the leading project developers in Germany bringing 500MWp of solar projects to the grid each year. In March 2023 we opened an office in Berlin, signifying our growth and commitment in the region.
As a country, Germany is aiming to provide 80 percent of its electricity demand from solar and other renewables by 2030. With our proven ability to scale-up fast, building teams and project pipelines rapidly across Europe and beyond, we believe we can make a significant contribution to the urgently needed transformation of the German electricity market.
Discover more about Lightsource bp in Germany
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