Lightsource BP Acquires 135MW in PJM Solar Assets
Marking a major milestone in its strategic US expansion, Lightsource BP has announced today the acquisition of 6 (six) solar development assets from Orion Renewable Energy Group LLC. The 135MW DC portfolio consists of projects in the liquid PJM power pool, and specifically in the rapidly growing energy markets of Pennsylvania and Maryland. The announcement comes on the heels of Pennsylvania Department of Environmental Protection (DEP’s) recently published draft plan to expand in-state solar resources to 11GW, with a goal of supplying 10% of the state’s electric retail sales by 2030.
“The acquisition of the largest solar development portfolio in Pennsylvania builds on our proven reputation as a global renewable energy leader,” said Nick Boyle, Lightsource BP Group CEO. “We are accelerating the development of solar with a strong focus on new and underserved markets, as it is an important component of a diverse fuel mix.”
In December 2017, BP announced a $200 million investment into Lightsource. Two months later, the rebranded Lightsource BP unveiled its first U.S. project commitment, to build the largest solar farm in Kansas for the Mid-Kansas Electric Company.
21 Mar, 2023
Lightsource bp supports energy transition podcast in the Netherlands
We are proud to announce we have become a ‘friend of the show’ to the popular Dutch energy podcast.
15 Mar, 2023
Announcing Lightsource bp’s market entry into Germany
By 2030, we intend to develop 300 to 400 megawatts of solar system capacity in Germany every year.
10 Mar, 2023
Council votes to approve UK Burnhope solar project
Today we’re proud to announce that Durham County Council voted to approve our 50MW Burnhope solar project in the UK.