Designed and developed at its research and development (R&D) centers in California and Ohio, First Solars responsibly produced advanced thin film PV modules set industry benchmarks for quality, durability, reliability, design, and environmental performance. We are using cookies to give you the best experience on our website. As Americas familyfarmers and ranchers face increasing economic stress, opportunities to partner with solar farms are providing new income streams and in many cases, the ability to expand their operations. We are growing at pace and scale, going beyond business as usual, to act as an enabler of the energy transition and meet this rising demand for sustainable energy with the urgency it deserves. 2023 Lightsource. If you experience any issues with this process, please contact us for further assistance. Lightsource BP's initial goal was to use the oil giant's financial muscle to grow a 1.6 gigawatt pipeline of solar projects to a portfolio of 10GW of solar investments by 2023. Lightsource bp Renewable Energy Investments Limited. If it doesnt make money, it means that were not doing good in the world, as we cant do more of it.. But, while it is proud of projects that are bringing renewable energy to millions of homes in India, for example, the focus this year has been on laying the foundations for further growth, rather than simply building capacity. for the year ended 31 December 2021. It makes good business sense, too. We develop, finance, build and operate utility-scale solar power projects through smart and sustainable solutions. The framework agreements, the largest in First Solars history, will provide modules scheduled to be delivered between 2023 and 2025 to support the companies solar development pipelines in the United States. November The companies will also have access to First Solars American-made solar modules produced at its fully vertically-integrated manufacturing complex in Ohio. ()*, GBp Under the agreement, First Solar has firm orders for 1.55GWDC of modules in 2023, 1.3GWDC in 2024, and 1.55GWDC in 2025. Annual report | Investors | Home - bp global DocuSign Envelope ID: A3060411-4035-4A47-88F1-5E2F2BB0AEEC, We Want to Help the World Reach Net Zero and Improve People's Lives, Reliance and BP Move Forward with Indian Fuels Partnership., BP Annual Report and Form 20-F 2018 Scoping Our Scope Covered 136 Components, Press Release by BP and Reliance Industries Limited, BP International Limited ANNUAL REPORT and FINANCIAL, In the Superior Court of the State of Delaware, 1 Complaint Against BP in Respect of Violations of the OECD Guidelines, Plaintiffs' Response in Opposition to BP Motion, Energy Transition: Evolution Or Revolution? May: Lightsource BP acquires IoT (Internet of Things) business in Ireland called Ubiworx to strengthen digital capability. Were proud to announce that over the past three months weve secured planning permission for a total of over 100MW of solar and storage projects in the UK. (Loading), USD Today, its average development can produce more than 70MW - with the largest in development in Australia at more than 500MW. Led by Emilie Wangerman, Lightsource bp's business development team supported bp in acquiring an additional 9 GW pipeline of projects from 7X Energy, Inc., which will be exclusively developed by Lightsource bp's U.S. team. Our purpose is to deliver affordable and sustainable solar power for businesses and communities around the world. The brand gives us a credibility that it would take 30 years to develop on our own. Lightsource BP: one year on and going global But it is, perhaps, the end of the beginning., Were getting mission ready for our next big steps, he says. With First Solars expansion in the United States and India and optimization of its existing fleet, the company anticipates that its nameplate manufacturing capacity will double to 16GW by 2024. In 2021 we started directly supplying customers in China with gas from liquefied natural gas (LNG) imported by bp, completing our first fully integrated gas value chain into the country. Unless otherwise stated or the context otherwise requires, the term BP or "bp" and terms such as we, us and our are used for convenience to refer to one or more of the members of the bp group instead of identifying a particular entity or entities. The ability to bring base load is something that a trading operation like BPs can deliver, Lightsource BP chief operating officer and co-founder Kareen Boutonnat said. The development of our projects are underpinned by our core values, ethically focussed and climate conscious. London-based Lightsource BP now wants to develop 25GW of projects by 2025, upping a . About First Solar, Inc. Lightsource bp launches Bighorn Solar project in Colorado - powering BATON ROUGE, La.-- ( BUSINESS WIRE )--Lightsource bp has successfully closed on a $533 million multi-project financing package and mobilized construction on its 345 megawatt (dc) Ventress Solar. BP p.l.c. Lightsource bp and bp have signed a multi-year agreement for up to 5.4 gigawatts of First Solar modules to be delivered between 2023 and 2025 (Photo: Lightsource bp) Order includes up to 4.3GW for . About bp Lightsource bp and bp will benefit from the evolution of First Solars advanced Cadmium Telluride (CadTel) thin film module technology platform over the span of the agreement. 8.3 MB. At Lightsource bp, weve been developing utility-scale solar projects since 2010. 260MW of affordable, clean and locally generated electricity for Texas communities. Our approach has always been to attract, select and retain the right person for each position, regardless of gender, sexuality, personal beliefs, identity and ethnicity. Lightsource bp and AEP Energy Partners Sign Power Contract for 188 Megawatt Solar Farm in Indiana. We believe that sustainability and social responsibility are crucial for long-term business success and this is embedded within our business model, holding us accountable to those principles. In addition to its Ohio manufacturing facilities, First Solar also operates factories in Vietnam and Malaysia, and has previously announced plans to build a new 3.3GW factory in India that is expected to be commissioned in the second half of 2023. We provide full scope development for our projects, from initial site selection, financing and permitting through to long-term management of solar projects and power sales to our clients. BP and Lightsource announced the partnership in December. Our success is built on more than just our solar projects. Oversee onboarding of new facilities. If based in the US or Canada investors should contact Issuer Direct by calling +1 888 301 2505 or by emailing bpreports@issuerdirect.com. We work with businesses and communities around the world to deliver low-carbon solar energy projects. We power businesses and communities across the US with clean and affordable energy solutions. Read story 28 Feb, 2023 The consolidated financial statements of the group are on pages 145-253 and the corresponding reports of the auditor are on pages 146-172. Forward-looking statements are only predictions based on our current expectations and our projections about future events and therefore speak only as of the date of this release. LIGHTSOURCE BP RENEWABLE ENERGY INVESTMENTS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Our most recent Annual Report and Form 20-F is available on our website at www.bp.com, or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov SOURCE BP PLC . Lightsource bp has agreed to procure up to 4.3GWDC of modules for its US utility-scale projects, and bp will procure up to 1.1GWDC to power their projects being developed by Lightsource bp. Our Standards: The Thomson Reuters Trust Principles. Read story Prev 1 2 Brazil has all the hallmarks of a country in which Lightsource BP can thrive. ANNUAL REPORT AND FINANCIAL STATEMENTS 2019. At Lightsource BP we firmly believe in the importance of a diverse, supportive, equality-driven work force, and were proud of everything weve done to create one. Lightsource and bp celebrate five-year anniversary. 'The potential for solar is huge': future looks bright for Lightsource BP Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. The great majority of this investment will fund Lightsource's. What Lightsource bp is doing to raise support for earthquake survivors in Turkey and Syria. But, we havent tried to run too fast; weve gone slowly to go quickly, if that makes sense. Despite this years impressive results, were not complacent well continue working hard to make sure that equality and fairness is at the heart of our company policies and practices. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by these statements. Lightsource bp, a 50:50 joint venture with bp, unveiled the solar project that will help reduce emissions and support more than 1,000 jobs at EVRAZ's Pueblo steel mill - the world's first steel mill to be powered largely by solar energy. The new facility is expected to be commissioned in the first half of 2023 and when fully operational will scale the companys Northwest Ohio footprint to a total annual capacity of 6GW, which is believed to make it the largest fully vertically integrated solar manufacturing complex outside of China. Lightsource bp and bp Sign Multi-Year Agreement for up to I started in this business six years ago, when we were just finding our feet in the UK and a few hundred megawatts seemed a big ambition. See how we are accelerating our country's transition to a low-carbon future through our utility-scale solar projects. As we continue to grow and progress our 10GW development pipeline across America, in addition to our partner bps 9GWs, executing significant long-term procurement agreements with bankable, world class suppliers like First Solar enables us to deliver on our growth plans and industry-leading global target of 25GW of solar by 2025. Sustainability is at our core. You can find out more about which cookies we are using or switch them off in settings. We build, own and operate cost-effective, clean energy projects, and are dedicated to pushing the frontiers of solar and storage solutions, backed by world-class execution capabilities. Report this post Report Report. We know many ways in which to finance projects and understand the market for financing very differently.. For more information, please visit www.firstsolar.com. The Directors statements (comprising the Statement of directors responsibilities; Risk management and internal control; Longer-term viability; Going concern; and Fair, balanced and understandable), the independent auditors report on the annual report and accounts to the members of BP p.l.c., the parent company financial statements of BP p.l.c. are on pages 282-336. To obtain a hard printed copy of bps complete audited financial statements, free of charge, UK based investors should contact bp distribution services by clicking the link above or calling +44 (0)870 241 3269 or by emailing bpdistributionservices@bp.com. High-grading our portfolio, lowering our emissions and driving returns. As the company's shares, in the form of ADSs, are listed on the NYSE, an Annual Report on Form 20-F is filed with the SEC. The material on the bp Annual Report webpage (the Material) relates to the year ended 31 December 2021 and is provided for general information only. 2023 Lightsource. of 25 cents each. Ordinary shares are ordinary fully paid shares in BP p.l.c. Lightsource bp pays for the first $800 of the monthly insurance premium. Find a career where youre valued, recognised as an individual, and working alongside people with a passion for a sustainable future. Lightsource bp gets financing for massive Pointe - Business Report Weve just released our second annual Gender Pay Gap Report, which covers our gender differences in terms of population, pay and bonus levels from March 2017 to March 2018. Back Submit . What the two companies have in common is a shared ambition to accelerate the global low carbon transition. Lightsource bp Renewable Energy Investments Limited. First Solar also operates an advanced recycling program that recovers more than 90 percent of CadTel for use in new modules. Construction on this project commenced in December 2019. Lightsource bp announces the appointment of Miguel Fernandez Hortelano as Group Head of Risk and Energy Markets. Home | Lightsource bp Throughout the transition, our goal will be to maintain the high performance and steady progress we have shown since our transformation journey began in 2020. pdf / All rights reserved. Lightsource bp and AEP Energy Partners Sign Power Contract for 188 bps ambition is to become a net zero company by 2050 or sooner, and to help the world get to net zero. Senior Manager O&M, United States - Lightsource bp - LinkedIn This website uses cookies so that we can provide you with the best user experience possible. Sustainability is integrated into our business strategy and operating model at every level. As part of the deal, Lightsource bp and bp have placed firm orders for approximately 4.4GWDC of modules, with options for an additional 1GWDC. April:enters into power purchase agreement with NSG Group, supplying solar by private wire to Pilkington Glass facility in Lathom, UK. Cookies also allow us and our partners to show you relevant ads when you visit our site and other 3rd party websites, including social networks. In just 11 months, the company has been awarded significant corporate power contracts in the US and Australia, entered the Egyptian energy market through a joint venture, and established a 500 million green energy infrastructure fund in India. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. BP International Limited. Such a strategy, known as a farm down, helps bring up the overall returns on a project, Boyle said. First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change. We are using cookies to give you the best experience on our website. Advancing our sustainable future At Lightsource bp, we've been developing utility-scale solar projects since 2010. The Strategic report and the Directors report together include the management report required by DTR 4.1 of the UK Financial Conduct Authoritys Disclosure Guidance and Transparency Rules. We are using cookies to give you the best experience on our website. Lightsource BP - Wikipedia The companys primary share listing is the London Stock Exchange. Lightsource bp is an international solar business. In the US, the companys securities are traded on the New York Stock Exchange (NYSE) in the form of ADSs (see page 368 of the bp Annual Report and Form 20-F 2021 for more details) and in Germany in the form of a global depositary certificate representing bp ordinary shares traded on the Frankfurt, Hamburg and Dusseldorf Stock Exchanges. August:further US expansion is announced with the acquisition of six solar development assets in Pennsylvania and Maryland. As a business we care deeply about the impact of our projects, our culture and values, and our team members. If you are passionate about accelerating the energy transition, and looking to join a global collaboration of team members focused on delivering sustainable power, visit our careers page to find out more about working at Lightsource bp. You can choose to allow all cookies by clicking Allow all or manage them individually by clicking Manage cookie preferences, where you will also find more information. bps finances are strong and resilient. As the first person on the ground when entering a new territory, he has found that, over the past year, the BP name has opened a lot of doors. These forward-looking statements include, but are not limited to, statements concerning (i) the framework agreement to supply up to 5.4 gigawatts (GW)DC of solar modules to bp and Lightsource bp, (ii) an MoU with bp and Lightsource bp to explore opportunities to source solar electricity from generation assets owned by the two companies in the United States, (iii) First Solars plans to establish new factories in the United States and India and the expected capacities of those factories, and (iv) when those factories will commence operations and the companys resulting global manufacturing footprint. Where we refer to the company, we mean BP p.l.c. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. From innovative technology, to boosting biodiversity and protecting bees, discover how our solar projects are making a difference. Our solar projects dont just generate clean electricity, but also benefit the local economy and ecosystem. When it joined RE100 in 2020, First Solar committed to powering 100 percent of its global manufacturing operations with renewable energy by 2028, with an interim goal of transitioning its facilities in the US to carbon-free electricity by 2026. TEMPE, Ariz., Nov. 22, 2021 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced that global solar leader Lightsource bp and integrated energy company bp have placed multi-year orders for up to 5.4 gigawatts (GW) combined of First Solars advanced, ultra-low carbon thin film photovoltaic (PV) solar modules. First Solar Investor Relations Find out more about us and how were working together to create a sustainable energy future for us all. This project consists of a 200MWdc solar farm at Goolma Road, Wuuluman. This website uses cookies so that we can provide you with the best user experience possible. Delivered by Investis. in 2001. Lightsource bp is a global leader in utility-scale solar development and management. Legal notice in relation to the material on this page. Lightsource bp is an international solar business. , opportunities to partner with solar farms are providing new income streams and in many cases, the ability to expand their operations. GBp A year ago, Lightsource was the established solar leader in Europe. Modern slavery and human trafficking statement, Health, safety, security, environment policy, Code of Business Conduct and Ethics for Counterparties.

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