LightSource BP, world leader in the development and operation of large -scale renewable energy projects, has announced a significant milestone in its career: the firm of 10 corporate energy purchase (PPA) purchase agreements in 2024, adding a hired capacity of 1.3 GW on three continents. This achievement underlines the company’s experience and capacity to offer renewable energy solutions adapted to the diverse needs of corporate buyers and public services in global markets.
In a worldwide context where energy buyers increasingly prioritize cost competitiveness and energy resilience, the renewable energy market experiences constant growth. LightSource BP has established agreements with leading global corporations such as H&M Group, Microsoft, Lyondellbasell and Google, companies committed to ambitious objectives for the acquisition of renewable energy. These contracts demonstrate the growing demand for flexible and personalized corporate PPAS, which are aligned with the operational strategies of companies and their long -term sustainability objectives.
The continuous success of LightSource BP lies in the highly specialized experience and trajectory of its internal energy market team. This team has the ability to innovate, adapt and deliver PPAS that really address the specific needs of the buyer, taking advantage of the global scope of LightSource BP and its international portfolio of renewable energy projects.
An outstanding example of this adaptation capacity is the creation, at the end of 2023, of a collective virtual PPA (CVPPA) with the fashion PACT, the sustainability initiative led by CEOS largest in the fashion and textile industry. This innovative multi-Computer structure, linked to the LightSource BP solar portfolio in Spain, was designed to meet the needs of 12 fashion brands. The agreement was signed in a few months and created an equitable platform for the members of the initiative to access renewable energy at competitive prices. This structure of multi-Computer PPA allows companies that individually do not require large volumes of electricity to combine their demand and find a simple and efficient way to access renewable energy.
“Ensuring these 10 renewable PPas linked to a 1.3GW portfolio in six markets in a single year highlights our ability to provide high quality energy solutions at scale, while satisfying the changing demands of energy buyers worldwide. Only in the last five years, our team has signed PPAS in 12 countries, more recently in Portugal, covering key markets in Europe, the United States, Australia and New Zealand, What demonstrates the breadth and depth of our experience, “says Zosia Riesner, global commercial director of LightSource BP.
“Innovation is key, and our team has a great experience in the evaluation of the requirements of the partners in a wide range of structures, geographies and deadlines, including multi-computoring, virtual, physical and hybrid contracts. We are actively selling projects projects Renewables in Spain, Portugal, USA, United Kingdom and Australia, while we continue supporting our existing clients and building new future associations for advance in renewable energy solutions and PPAS. “
Facing 2025, the global LightSource BP portfolio continues to progress, creating immediate opportunities for energy buyers. In this quarter, the company has made available a 500MW portfolio of solar energy and level storage of public services for energy purchase agreements in Iberia, a region that benefits from a high solar irradiation and where solar energy remains The most competitive in price.
In addition, LightSource BP is developing opportunities in numerous markets in the United States, including spp, miso and ercot, while in the Asia-Pacific region the equipment is exploring additional market opportunities to complement operations in South Korea, Taiwan and Japan, while strengthening its scope in Australia and New Zealand.
LightSource BP has a 58GW global development portfolio, which covers mature and initial phase projects. For more information on the acquisition of renewable energy from LightSource BP, visit
About LightSource BP
LightSource BP is a global leading company in the development and management of land renewable energy solutions and large -scale energy storage. Its objective is to offer affordable and sustainable energy for companies and communities around the world. The company’s team is made up of more than 1,200 industry specialists working in 19 countries. LightSource BP provides a complete service for its projects, from the selection of the land, the financing and obtaining permits, to the management of long -term projects and the sale of energy to its customers.