Lightsource bp to build 757 MW Solar PV portfolio in Poland

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Lightsource bp to build 757 MW Solar PV portfolio in Poland

Lightsource bp, a global leader in the development and management of solar energy has secured its first projects in Poland through a 757MWp co-development deal.

The total Capital expenditure (CapEx) to bring the entire pipeline to fruition could reach EUR500 million (US$580.17 million). Around half the projects could be ready for construction in 2022.

Lightsource bp plans to sell some power on the open market and is actively seeking large corporations to contract via long-term power purchase agreements. These projects will also participate in future rounds of Poland’s renewable energy auctions.

Once operational the projects will provide enough clean electricity to power the equivalent of 362,870 Polish homes. The portfolio of nine projects in the regions of Zachodnio-pomorskie, Lubuskie, Dolnośląskie, and Wielkopolskie will be developed with an experienced, local renewable energy firm.

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