GLOBAL

Lightsource bp sells projects to Statkraft

Lightsource bp announces sale of 275MWdc of developed solar projects to Statkraft Ireland

Lightsource bp, a global leader in the development and management of solar energy projects has confirmed the sale of five solar projects in Ireland at late stage development with a combined capacity of 275MWdc to Statkraft Ireland.

The projects are located in counties Meath, Laois, Tipperary and Cork and have been developed by Lightsource bp with full planning permission and grid connectivity which will allow Statkraft Ireland to secure a route to market, financing and begin construction.

One of the projects (Blundelstown in Meath) was a successful winner in Ireland’s first competitive auction under the Government’s new Renewable Electricity Support Scheme (RESS-1) last month.

Lightsource bp CEO for Europe and International, Kareen Boutonnat said:

We have been developing and investing across the Island of Ireland since 2015, having constructed and connected the first utility scale solar projects in the North and progressing projects in the Republic. Completing this transaction with Statkraft Ireland proves the capability of our team in developing high quality, competitively priced projects, and we are also very pleased with the successful win in the RESS-1 auction.

 We continue to remain fully committed to developing and investing in Ireland’s utility scale solar market, our local teams remain active in assessing future opportunities.”

Statkraft Ireland Managing Director, Kevin O’Donovan stated:

 We are very pleased to be adding to our rapidly-expanding portfolio with this suite of projects which dovetail perfectly with our ongoing efforts to reduce our dependence on fossil fuels. Lightsource bp has an established track record and as such, the high quality of each development rendered this bundle of solar farms, an extremely attractive proposition for us.

Related news

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.

Read Story

24 Oct, 2024

bp completes acquisition of Lightsource bp

bp has completed its acquisition of the remaining 50.03% interest in Lightsource bp.

Read Story

17 Oct, 2024

Honeysuckle Solar: Recharging American Energy

Indiana reaps benefits of American-made energy investment as Lightsource bp’s Honeysuckle Solar goes online.

Read Story

16 Oct, 2024

Lightsource bp Executives interview with Women of Today about empowering inclusion

Adele Ara and Heather Hayes spoke to Women of Today about the company's last 14 years and our work around diversity, equity and inclusion.

Read Story

10 Oct, 2024

Poland: Celebrating the official opening of Kotuń solar farm – our first solar project in Poland

The Kotuń solar farm is a key project for Lightsource bp and represents an important step in the development of renewable energy sources in Poland.

Read Story

09 Oct, 2024

The overlooked quick win for European renewables

Despite significant growth in renewable energy, the sector is calling for more grid investment and faster permitting to unlock its full potential.

Read Story

07 Oct, 2024

Lightsource bp joins new World Economic Forum coalition to accelerate responsible renewable infrastructure deployment 

Lightsource bp has joined industry peers, environmental non-profits and the World Economic Forum (WEF) to launch the Responsible Renewables Infrastructure Coalition.

Read Story

30 Sep, 2024

Lightsource bp founder recognised with UK solar achievement award

Lightsource bp co-founder, Nick Boyle, has been recognised by the UK Solar & Storage Live Awards with the lifetime achievement accolade.

Read Story

30 Sep, 2024

How the solar industry is setting the pace for economic growth

New employment data for the solar industry in Europe has revealed the continued growth of job creation in the sector in 2023.

Read Story

25 Sep, 2024

Lightsource bp and Schroders Greencoat: Partnering for the future

The scalable and flexible nature of solar power lends itself well to collaborations and partnerships.

Read Story