Lightsource bp Strengthens German Solar Ambitions with Strategic Partnership

Lightsource bp Strengthens German Solar Ambitions with Strategic Partnership

(IN BRIEF) Lightsource bp has partnered with German renewable energy developer Kajoni Energie GmbH to accelerate its growth in Germany by developing over 500MWp of solar projects within the next two to three years. This collaboration will focus on identifying and preparing large-scale project sites, which Lightsource bp will fully own once construction begins. The move aligns with Germany’s goal to source 80% of its electricity from renewables by 2030, and Lightsource bp aims to significantly contribute to this transformation.

(PRESS RELEASE) LONDON, 20-Aug-2024 — /EuropaWire/ — Lightsource bp, a global leader in solar energy, is set to expand its presence in Germany by developing over 500MWp of solar projects within the next two to three years. This ambitious plan is supported by a new development agreement with Kajoni Energie GmbH, a German renewable energy developer. The partnership focuses on identifying and preparing project sites of at least 20 hectares, which will then be fully owned and operated by Lightsource bp upon reaching construction-ready status.

Stephan Jeznita, Head of Business Development Germany at Lightsource bp, emphasized the importance of local partnerships like Kajoni in accelerating their growth in Germany, particularly in regions like Lower Saxony that hold significant potential for solar energy. Lightsource bp’s entry into the German market in 2023, marked by the opening of their Berlin office, aligns with Germany’s national goal of sourcing 80% of its electricity from renewables by 2030.

This partnership underscores Lightsource bp’s commitment to playing a key role in transforming Germany’s electricity market, contributing to the country’s renewable energy targets with its rapid project development and scaling capabilities.

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SOURCE: Lightsource bp