Skip to content
Friday 7 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,927.81
+0.55%
DAX
26,352.03
+0.81%
CAC 40
8,729.57
+0.34%
STOXX 50
6,541.75
+0.60%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 07 November 2018 6:08 pm  |  Updated:  Monday 03 June 2019 3:17 am

Solar-energy giant Lightsource BP expands US business

Lightsource BP, Europe’s biggest solar energy developer, has signed deals for two new solar projects in the US, the company announced today. 

The UK-based company, which specialises in the development, acquisition and long-term management of large-scale solar projects and smart energy solutions, will build the 16 megawatt (MW) Wildflower Solar plant in California and a 9 MW solar project in New Mexico.

It is working with California’s Sacramento Municipal Utility District (SMUD) and Continental Divide Electric Cooperative (CDEC), a member-owned distribution cooperative in New Mexico, on the projects.

The power purchase agreements (PPAs) will deliver locally-generated solar photovoltaic power to the utilities’ customers over a minimum of 20 years.

Both projects will be completed in 2019, Lightsource BP boss Nick Boyle said.

Katherine Ryzhaya, Lightsource BP’s US chief commercial officer, said: "Our solar solutions will drive local economic development and job growth, increase utility customer satisfaction, and provide a cleaner, healthier environment for their communities.”

David Windle, BP head of solar energy, said, “The United States is an important market for renewables and for Lightsource BP, and this announcement demonstrates the real momentum we are building across the country. These new collaborations build upon BP’s track record in operating wind farms across the US and is another example of how we are advancing the global energy transition.”

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • International

Trending Articles

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

  • As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • WPP slashes jobs as revenue continues to fall

More from Morning Wire

  • BP eyes finalising sale of solar arm to Kuwait-backed wealth fund

    Energy
    British Petroleum BP forecourt with fuel pumps and company signage visible in a business setting, highlighting energy serv...
  • Quinbrook Closes Oversubscribed GBP 587 Million Renewables Impact Fund II

    Business Wire
  • KKR to Acquire a 50% Stake in a Portfolio of Developed Renewable Assets from TotalEnergies Across Europe

    Business Wire
  • Ekovolt Welcomes Éric Scotto, Co-Founder of Akuo Energy, as a Shareholder, and Rebrands as Pont Digital Infrastructure

    Business Wire
  • CapVest Completes Acquisition of TSG

    Business Wire
  • Energy operator ‘flying blind’ as net zero push threatens hiked bills and blackouts

    Energy
    Energy prices are high due to a range of factors including volatile gas prices and high net zero levies.
  • Ofgem targets speculative AI data centres to free up Britain’s energy grid

    Tech
    2024 was a transformational year for GlobalData.
  • Grid operator issues fresh heatwave warning over power supplies

    Energy
    Air conditioning vents in a grid pattern, illustrating cooling solutions during a heatwave
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook