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Energy buyers
Power Purchase Agreements, customized for your business needs
In addition to advancing their sustainability goals, our renewable energy buyers capitalize on long term budget certainty and cost savings through competitive solar and energy storage procurement and power purchase agreements (PPAs) customized to our partners’ needs. We have executed power purchase agreements with utilities, corporates, universities, cities and governments.
Our expert in-house team of energy advisors will assess your environmental, energy and business goals to create a customized, holistic solar power contract designed to meet your objectives.
Local solar success enabled by the strength of a global platform
Lightsource bp is a global leader in the development and management of large scale solar and energy storage projects. Our worldwide team includes over 1000 industry specialists, working across 19 countries. Leveraging our strategic 50:50 JV partnership with bp, we are helping drive the world’s low-carbon energy transition with competitively priced, dependable, clean energy for businesses and communities.
We finance, build and operate cost-competitive, large-scale clean energy solutions and maintain long-term strategic collaboration with our PPA customers through full lifecycle services from initial site selection and permitting through to long-term management. With a large US pipeline of projects, Lightsource bp offers an unmatched combination of experience, scale and stability to our project partners. In total, the Lightsource bp US Business Development team has executed 4.1 gigawatts of solar power contracts with prominent energy buyers such as Xcel Energy, Amazon, Verizon, L3Harris, McDonald’s, eBay and Penn State University.
Why a solar plus storage PPA?
We deliver low cost, reliable, local electricity for large energy buyers, while reducing their carbon footprint and helping them meet customer expectations for environmental responsibility and stewardship.
Buy local
Gain community enhancement through locally generated solar energy, which provides clean, predictable, low-cost power, and local job growth
Save money
Save millions through low-cost solar energy procurement and gain long-term budget certainty
Make money
Capture incremental revenue from the sale of the solar environmental attributes
Reduce carbon footprint
Meet sustainability commitments and provide a cleaner, healthier, safer environment for your community
No capital costs
Pay no capital costs. Lightsource bp finances, builds, owns, and operates the solar facilities, delivering 100% of the energy at a long term fixed price
Diversify sources
Power portfolio diversity translates to energy security
US renewable power contract case studies
A track record of successful relationships and power purchase agreements with our energy buyers
University PPA: Penn State University
Penn State & Lightsource bp awarded APPA 2020 Sustainability Innovation Award
Corporate PPA: Verizon
Virtual power purchase agreement signed with Verizon for 152.5MWac solar farm in Indiana
Public power utility PPA: AMEA
Alabama Municipal Electrical Authority announces 100MW solar PPA with Lightsource bp
Government PPA: Commonwealth of Pennsylvania
Largest solar commitment by any government entity in the USA
Resources
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Energy solutions
Lightsource bp offers a wide range of energy solutions for customers across America, providing cost-effective end-to-end offerings fully customized to meet your individual business needs.
Our approach
Our end-to-end approach to responsible solar development and long-term investment strategy, which includes maintaining management control along with ownership stake, creates value across the asset lifecycle.