“Torrent Power Limited has entered into a Securities Purchase Agreement with Lightsource India Ltd and Lightsource Renewable Energy (India) Ltd for the acquisition of 100 per cent of the share capital and all securities of LREHL Renewables India SPV 1 Private Limited (SPV),” a BSE filing said. New Delhi : Torrent Power said it has […]
BP invests $220 million in U.S. solar development projects
The deal, for assets with a production capacity of 9 gigawatts, marks BP’s first independent investment in solar since buying a stake in Europe’s largest solar developer, Lightsource, in 2017. Energy major BP Plc on Tuesday boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy. The […]
Lightsource Bp Secures Planning for Australian Solar Project
Lightsource bp, a global leader in the development and management of solar energy projects, and 50:50 joint venture (JV) with bp, has secured planning approval for upscaling plans for the Wellington North solar project in New South Wales, Australia, which was acquired from AGL last year. The 400 MWdc site is adjacent to Lightsource bp’s […]
BP Names Next CEO as Zero-Carbon Era Looms
Bernard Looney will lead the oil supermajor into an era of unprecedented change for the energy industry, and he knows it. Bob Dudley will retire next year after a 40-year career at BP, and on Friday the oil and gas supermajor named his successor as CEO. Bernard Looney, currently head of BP’s upstream business, will […]
Lightsource BP Closes Financing for 125 Megawatts of Solar Projects Across Four States in the US
Lightsource BP to build, own and operate portfolio of seven utility-scale solar projects SAN FRANCISCO : Lightsource BP announced today that it has successfully completed over $140 million in funding, including the tax equity investment and long-term debt financing for a portfolio of seven utility-scale solar photovoltaic (PV) projects across the US. Lightsource BP secured […]