{"id":254118,"date":"2022-11-07T09:04:49","date_gmt":"2022-11-07T09:04:49","guid":{"rendered":"https:\/\/lightsourcebp.com\/news\/why-were-showing-up-for-solar-at-cop27\/"},"modified":"2025-01-08T17:01:26","modified_gmt":"2025-01-08T17:01:26","slug":"why-were-showing-up-for-solar-at-cop27","status":"publish","type":"post","link":"https:\/\/lightsourcebp.com\/uk\/news\/why-were-showing-up-for-solar-at-cop27\/","title":{"rendered":"Why we\u2019re showing up for solar at COP27"},"content":{"rendered":"
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Why we\u2019re showing up for solar at COP27<\/h1>\n <\/div>\n <\/div>\n <\/div>\n\n
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Lightsource bp, one of the world\u2019s largest solar power companies, will be attending the United Nations climate change conference in Sharm el-Sheikh this month to demonstrate solar\u2019s essential role in urgent decarbonisation and in deeper, long-term emissions reductions across key sectors.<\/p>\n

Solar power at scale is foundational to the global effort to limit average temperature increases to 1.5\u00b0C — an objective set at the previous COP negotiations in Glasgow last year. Our aim at COP27 is to amplify the solar industry’s voice and demonstrate practical pathways to delivering significant energy at the speed required to avert a climate catastrophe. Business as usual is not enough.<\/p>\n

To achieve that goal, the global deployment of solar needs to accelerate by a factor of four this decade and a factor of ten by 2050, according to the International Renewable Energy Agency (IRENA<\/a>). Solar is now well-established as the cheapest source of electricity in history<\/a>, cheaper than coal and without the additional costs to human health and nature.<\/p>\n

Lightsource bp is targeting the development of 25GW<\/a> of solar power projects around the world by 2025, a fivefold increase on our total as of 2021. This is the pace and direction of change required. Delivering it around the world at the scale required will need a huge effort from policymakers, investors and the energy sector itself.<\/p>\n

2022 – a year of changed climate<\/strong><\/h2>\n

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Climate change has left a deep impression on 2022.<\/p>\n

The urgency of greater action has been laid bare by a series of grim milestones and exacerbated disasters.<\/p>\n

In January, Australia matched its highest ever recorded temperature. In July, the UK topped 40\u00b0C for the first time. From June onwards flooding devastated Pakistan displacing one in seven of its population.<\/p>\n

Wildfires, floods and famines are uncompromising. They do not negotiate. So we must.<\/p>\n

Last year\u2019s COP26 in Glasgow saw nations agree to close the gap between existing climate pledges and what is required to cap warming to 1.5\u00b0C<\/a>. Emissions reductions need to be 45% lower<\/a> than they would be under existing policies.<\/p>\n

Delivering on that faster pace requires immediate action and bold collaboration across the private sectors.<\/p>\n

Renewable energy will have a huge part to play in decarbonising the ways we travel, eat, make things and how we heat and cool our homes. The technologies exist but the opportunity will be missed without rapid action.<\/p>\n

As well as enabling others to take advantage of low-cost, low-carbon electricity, Lightsource bp is also working to reduce its own impact. We\u2019re working to set out science-based targets for our own greenhouse gas emissions. We want to lock-in biodiversity successes we\u2019ve enjoyed with our projects across our portfolio. And we want our teams delivering our success to be diverse and motivated for the race to stay below 1.5\u00b0C.<\/p>\n

Meet our COP27 delegation here<\/a>.<\/p>\n\n <\/span>\n <\/div>\n <\/div>\n <\/div>\n\n

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Related news <\/h3>\n <\/div>\n <\/div>\n
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23 Jul, 2026<\/p>\n \n

Lightsource bp and Meta expand partnership with new power purchase agreement for\u00a0Mowata\u00a0Solar in Louisiana<\/h5>\n <\/a>\n

Lightsource bp and Meta have finalized a long-term power purchase agreement (PPA) to support \u200bMowata Solar, a 172MWdc (150MWac) solar project in development in Acadia Parish.<\/p>\n

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03 Jul, 2026<\/p>\n \n

15 years of solar \u2013 from first-of-a kind to critical infrastructure<\/h5>\n <\/a>\n

Last week marked 15 years since the UK\u2019s first utility-scale solar farm began generating electricity.<\/p>\n

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26 Jun, 2026<\/p>\n \n

Lightsource bp publishes\u00a02025\u00a0Sustainability Report\u00a0<\/h5>\n <\/a>\n

Lightsource bp's annual Sustainability Report outlines the work we do to support a future powered by renewable, affordable and reliable energy. <\/p>\n

Read Story <\/svg><\/span><\/a><\/p>\n<\/div>\n <\/div>\n <\/div>\n\n

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