Lightsource BP – One Year On
Adam Pegg, Australia Country Manager
To celebrate the first year of our partnership with BP, we’ve asked team leaders across the globe to reflect back on the past twelve months.
From an Australian perspective, the first twelve months of our partnership with BP has been all about building the relationship on a local level. We’ve dedicated a lot of time to introducing and integrating the two teams, the Lightsource Australia offices working closely alongside the BP Australia teams to really uncover the potential for the partnership. The goal of Lightsource BP, as a strategic alliance, is to accelerate the low-carbon transition to the benefit of both businesses, so the work of this first year has really focused on building strong relationships and a firm foundation, so that next year and going forwards we can make the most of our strengths and gain impressive traction in the Australian market.
We’re in a particularly strong position for bringing our offering to Australia, and that’s emphasised by our partnership with BP. For BP, our presence in the market provides them with an opportunity to procure solar electricity for their customers from a recognized global industry leader. An integrated strategy works for BP, as a direct off-taker for Lightsource BP solar projects, but also as a partner in providing supplementary solar solutions to their mining and off-grid customers. Offering a dual solution of solar and diesel to these customers not only brings trust and credibility from both sides, but also has the bonus of doubly-securing customers and future-proofing business.
All in all, the first year of the Lightsource BP partnership has been a success for our Australian teams, with an impressive tender win securing an agreement with Snowy Hydro garnering huge positive reactions, as well as a the construction of a strong pipeline of projects – we’re in a position now to accelerate our offerings into the future, and bring secure renewable energy solutions to corporations and communities across Australia.
Related news
03 Apr, 2025
Brazil: Milagres named among top solar developers in 2024
Lightsource bp’s Milagres solar farms have been recognised as top-performing renewable energy projects in Brazil, ranking among the top 20 solar developers by e-Power Bay.
02 Apr, 2025
Lightsource bp contributes to the World Economic Forum’s conversation on responsible renewables deployment practices
Lightsource bp’s Penny Laurenson, Global Head of Sustainability, contributed to WEF’s conversation and thought leadership on responsible deployment practices.
19 Feb, 2025
10 Power Purchase Agreements signed and 1.3GW contracted in 2024
Lightsource bp achieved a significant milestone in 2024 by securing 10 power purchase agreements (PPAs) totalling 1.3GW across Europe, the Americas and APAC.
12 Feb, 2025
Lightsource bp enters Japan market with first renewable energy project
Lightsource bp, a global leader in renewable energy, has announced its entry into the Japanese market with the acquisition of a 15MWp solar project in Hokkaido.
29 Jan, 2025
Spain: Lightsource bp’s projects receive UNEF’s ‘Sustainability Excellence Certificate’
Lightsource bp’s utility scale projects Valle 3 and Valle 4 have been recognised with the prestigious UNEF ‘Sustainability Excellence Certificate’.
08 Jan, 2025
Portugal: Exus Renewables acquires Lightsource bp’s 130MWp Cibele Portuguese solar farm
Acquisition strengthens Exus’ growing European renewable energy portfolio, and rising position as a global independent power producer
15 Dec, 2024
Australia: Lightsource bp reaches major milestone on solar and battery projects to deliver firmed renewable energy solutions
Lightsource bp announces it is commencing construction on its Goulburn River hybrid project and its Woolooga Battery Energy Storage System (BESS).
29 Oct, 2024
Wool quality and sustainability: Insights from Lightsource bp’s Wellington solar farm
Lightsource bp has seen promising results from the second round of wool testing at its Wellington solar farm, in New South Wales, Australia.
24 Oct, 2024
bp completes acquisition of Lightsource bp
bp has completed its acquisition of the remaining 50.03% interest in Lightsource bp.
17 Oct, 2024
Honeysuckle Solar: Recharging American Energy
Indiana reaps benefits of American-made energy investment as Lightsource bp’s Honeysuckle Solar goes online.