Lightsource BP Aiming for 1GW Solar Portfolio in France by 2026
Lightsource bp France, led by Raphael Colas, is expanding its workforce in order to expand its services for enterprises and municipal governments.
May 10, 2022. By News Bureau
Its goal is to build a 1GW solar power pipeline in France by 2026, mostly through large-scale solar farms.
In 2017, Lightsource BP was formed as a joint venture between solar energy provider Lightsource and energy giant bp. Lightsource bp has created a range of solar projects with a total capacity of 5.4GW since its establishment in 18 countries.
The company is now moving into France with a 360° offering that includes everything from early site selection to funding, permitting, long-term management of production sites, and electricity sales.
By 2026, the company expects to build numerous large-scale solar farms in France (primarily on ground-mount projects), bringing its entire pipeline of solar power projects to 1GW.
Lightsource bp plans to compete in public auctions and offer enterprises long-term energy supply contracts (Power Purchase Agreements) at competitive rates that are consistent over time, which is a key asset in these times of rising inflation.
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