Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.
Coca-Cola has signed a virtual power purchase agreement brokered by France-headquartered energy company Engie, to source renewable energy and associated credits from the Wellington North Solar Farm in New South Wales.
United Kingdom-headquartered renewables developer Lightsource bp has received state government approval of its development application for the state significant 450 MW Goulburn River solar farm and battery energy storage system planned for the New South Wales Upper Hunter region.
Construction of a 150 MW solar farm will go ahead at New Zealand’s Christchurch Airport precinct with joint venture partners Lightsource bp and Contact Energy announcing a final investment decision on the project.
Beijing Energy International’s push into the Australian renewable energy market continues at pace with the China-based company striking a deal to acquire energy retailer TPC.
British developer Lightsource bp’s plans to build the biggest solar farm and battery energy storage system on any of Australia’s main electricity grids has a green light to proceed after securing environmental approval from the Australian government.
Solar developer Lightsource bp has declared that proceeds from the sale of five utility scale PV projects in Australia with a combined capacity of more than 1 GW will be used to fast track the development of a pipeline of projects across the wider Asia Pacific region.
Energy giant BP announced today it would take full ownership of solar and wind energy developer Lightsource BP once a deal – pertaining to the purchase of the remaining renewables company’s shares BP does not own – goes through next year.
A coroner’s report is to be prepared following the death of a 41-year-old man following a “workplace accident” at the Wellington North Solar Farm being constructed near Dubbo in western New South Wales.
Global solar developer Lightsource bp is reportedly testing buyer interest in five Australian projects, hiring Macquarie Capital to run early-stage market soundings on the deal which could potentially be worth around $1 billion (USD 670 million).
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