As the cost of producing clean, locally sourced energy falls, America’s energy buyers are increasingly turning to renewables like solar to power their communities. In fact, in recent years renewables have overtaken fossil fuels as the power source of choice in new capacity additions. And the pace is only going to pick up as public demand for sustainable energy grows.
Solar photovoltaics (PV) in particular has emerged as a sustainable and economically prudent option for utilities, municipalities and co-ops. Load servers throughout North America are making the switch to utility-scale PV – a peaking resource with long-term pricing visibility, minimal operating expense and the potential to meet rate stabilization needs.
Lightsource BP is uniquely positioned to be a full-service, long-term solar partner for electricity buyers ranging from small utilities to corporate clients. We design, build, own and operate solar PV projects, and we enter into long-term power purchase agreements (PPA) with you, the buyer.
Our customer-focused approach can be tailored to your goals. We have developed alternative energy offtake structures to easily enable procurement and minimize transactional burden. We help you navigate options such as traditional power purchase agreements, virtual PPAs, utility sleeve transactions and green tariff structuring intelligence, and ensure the package you receive is right for you.
We perform all aspects of project development, finance and construction. We also retain all operational responsibility to maximize power production throughout the project lifespan.