ADVERTISEMENT

BP returns to solar with $200m Lightsource investment

Michael Holder
Michael Holder
clock 15 December 2017 •
Lightsource's 5MW utility scale solar plant in Cambridgeshire | Credit: Lightsource
Image:

Lightsource's 5MW utility scale solar plant in Cambridgeshire | Credit: Lightsource

Oil giant to acquire 43 per cent in Europe's largest solar developer, which will be rebranded Lightsource BP

Oil giant BP has reignited its interest in the solar market with the announcement today of a $200m investment in UK developer Lightsource. BP will take a 43 per cent equity share in Europe's largest...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no-strings trial

Join now

 

Already a BusinessGreen
member?

Login

ADVERTISEMENT
Michael Holder
Author spotlight

Michael Holder

View profile
More from Michael Holder

Nuclear: UK pushes forward with small advanced modular reactor program

Pathways to Dairy Net Zero: UN-backed initiative secures dairy and livestock sector support

Most read
01

Tesla to open up global charging point network to all EV brands

26 July 2021 • 3 min read
02

Pizza Hut and Beyond Meat deliver latest boost to plant-based food market

26 July 2021 • 2 min read
03

UK's leading house builders plot net zero road map for sector

27 July 2021 • 4 min read
04

Government eyes low carbon fuels mandate for UK aviation sector

26 July 2021 • 3 min read
05

'Major milestone': Orkney tidal turbine dubbed 'world's most powerful' connects to grid

28 July 2021 • 2 min read

More on Solar

Good Energy 'unequivocally' rebuffs fourth takeover bid from rival Ecotricity
Venture Capital

Good Energy 'unequivocally' rebuffs fourth takeover bid from rival Ecotricity

Long-running battle between West Country rivals sees Ecotricity table bid valuing Good Energy at almost £60m

Michael Holder
Michael Holder
clock 23 July 2021 • 3 min read
Booming UK renewables industry still at risk of missing net zero targets
Energy

Booming UK renewables industry still at risk of missing net zero targets

Annual state of the industry report from REA reveals a sector that is continuing to expand, but remains hampered by 'policy gaps'

James Murray
James Murray
clock 21 July 2021 • 3 min read
Delabole wind farm in North Cornwall, bought by Good Energy in 2002, was the first commercial wind farm in the UK
Energy

'Fundamentally undervalues the group': Good Energy resists latest takeover offers from arch rival Ecotricity

Ecotricity has tabled three offers to buy out rival green energy company over the last month, all of which have been rejected by Good Energy

Cecilia Keating
Cecilia Keating
clock 12 July 2021 • 2 min read