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American industry is switching to solar

The time has finally come – solar energy is now a competitive, attractive source of power for American businesses. Commercial and industrial businesses across the country are choosing large-scale solar, either via direct project partnerships or collaborations with developers and utilities.

The economic case is clear, and benefits for commercial and industrial businesses are huge. Minimal operating expenses and long-term price stability allow businesses to hedge against rising utility rates, as well as providing huge social and sustainable advantages. Our tailored contracts help businesses offset emissions, demonstrate climate leadership, facilitate growth in the local economy, and generate goodwill and positive publicity.

Typical project structure

Lightsource BP is uniquely positioned to be a full-service, long-term solar partner. In a typical structure, we develop, finance, build, own and operate the project and enter into a long-term power purchase agreement (PPA) with the buyer.

We make things simple: no up-front capital required, all aspects of project development, finance and construction performed by us, and lifecycle services provide to maximize power production. Our focus is on meeting our customers’ needs, via a variety of flexible contract structures: traditional PPAs, virtual PPAs, utility sleeve transactions and green tariff architecture intelligence.

Benefits:

  • No up-front capital costs
  • No on-site space required
  • Electricity cost savings and long-term price certainty, with no maintenance costs
  • Meet sustainability targets and demonstrate climate leadership
  • Additionality – purchasing RECs demonstrates that a business is adding new clean energy to the grid
  • Economic and environmental benefits to local community