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.