Lightsource bp

Lightsource bp

Lightsource bp is a leading global solar and renewable energy company specializing in the development, financing, construction, and operation of utility-scale solar power projects. Established as a 50:50 joint venture with BP until BP’s announcement in late 2023 of plans to fully acquire the company, Lightsource bp aims to accelerate the transition to a sustainable energy future by delivering affordable, reliable, and renewable power worldwide. The company is deeply committed to sustainability, environmental stewardship, and social responsibility, as demonstrated in their comprehensive annual sustainability reports aligned with international standards such as the UN Sustainable Development Goals and the Global Reporting Initiative.

Lightsource bp’s global operations include over 8.8 gigawatts of projects developed with a pipeline of 63.7 gigawatts under development as of 2023, spanning 19 regions worldwide. Their approach integrates the full asset lifecycle, from greenfield development through financing to long-term operation and maintenance, supported by an in-house expert team. The company does not manufacture equipment directly but procures solar panels, inverters, transformers, and related components through established third-party supply chains and engineering partners.

The firm operates with a strong focus on innovation, sustainable materials, and community engagement. A notable sustainability initiative highlights their Biodiversity Net Gain framework, aiming to leave habitats measurably better post-construction. Lightsource bp prioritizes ethical procurement and aims to enhance transparency and year-on-year environmental performance.

Since registering with the EU Transparency Register on 30 September 2021, Lightsource bp has actively engaged with the European institutions to advocate for policies supporting renewable energy development, helping to shape a regulatory environment conducive to large-scale solar deployment. Their lobbying efforts align with their mission to support the energy transition in Europe and globally through sustainable solar solutions.

  • Registration ID: 798215044252-19 (EU Transparency Register)

  • First registered: 30 September 2021

  • Sector focus: Renewable energy – solar and energy storage

  • Services: Development, financing, building, operation, and management of utility-scale solar projects

  • Headquarters: London, UK

  • Employees: Approximately 1,200

  • Ownership: Initially a 50:50 joint venture with BP; BP announced full acquisition intention in November 2023

  • Website: www.lightsourcebp.com

No related lobbyists found.

  • Energy Sector

  • Renewable Energy

  • Solar Power

  • Energy Storage

  • Environmental Sustainability

Lightsource bp networks with various stakeholders across the renewable energy ecosystem, including:

  • BP (major shareholder and strategic partner)

  • Third-party investors and financing partners

  • Engineering, procurement, and construction (EPC) partners

  • Regional government bodies and local communities across 19 operational regions

  • Suppliers and manufacturers within the solar technology supply chain

  • EU institutions and regulatory bodies through its lobbying efforts

  • Industry associations and sustainability networks (specific affiliations in EU register not detailed)

The EU Transparency Register provides ranges rather than exact figures:

  • Lobbying expenditures by Lightsource bp since registration generally fall into the €100,000–€199,999 band annually (typical for companies newly registered and engaged in moderate EU lobbying activities).

  • Exact yearly breakdowns from 2021 through 2025 are not disclosed in the publicly available sources.

  • Revenue and funding data externally indicate significant financial activity, with revenues circa $776.5 million and total funding over $2 billion as of recent years for their global operations (not solely EU-specific).

Lightsource bp interacts primarily with:

  • European Commission departments responsible for energy, climate action, and sustainability

  • Members of the European Parliament involved in energy and environmental committees

  • The European Council for policy alignment discussions

  • EU agencies and bodies overseeing energy infrastructure and regulatory frameworks

Since its EU Transparency Register registration in September 2021, Lightsource bp has reportedly engaged in multiple meetings with EU officials and policymakers, although specific details are not fully enumerated or disclosed in the public domain. Such meetings focus on advancing renewable energy frameworks, supporting solar project development, and advocating for sustainability policies. Exact dates, attendees, and agendas for these meetings are typically recorded in the EU transparency database but were not available in the summarized sources.