C O R P O R A T E P PA
S O L A R
E L E C T R I C I T Y
F O R B U S I N E S S
For more information, please contact [email protected] or call 0333 200 0755.
A B O U T U S
Corporate Power Purchase Agreement (PPA)
Why solar?
Our capability
We are a global market leader in the funding, development and long-term management of solar PV projects. Our organisation represents a strategic and powerful partnership between one of the largest energy providers in the world and an industry-leading solar power company. This partnership is set to further accelerate the low-carbon transition, allowing us to extend our solar and strategic development expertise to corporate power procurement markets across the world.
We offer businesses the opportunity to procure solar power through a range of different PPA models. We will build a tailored PPA solution to suit your individual business needs, and in return we would look to secure a fi xed-term PPA for the solar power generated.
Choosing to procure renewable generation will provide a cost effective and more sustainable option to your power procurement strategy. Our experience and global scale allows us to offer highly competitively priced PPAs.
deployed into solar assets since 2011
$3.4 Billion 2GW 14 43%operated, of which 1.3GW developed
in-house
offi ces acrosssix continents
owned by BP
500MW+ total PPAs delivered
Global experts in solar development
Structuring expertise enabling bespoke PPA solutions
Specialists in delivering both Private Wire and grid connected Corporate PPAs
One of the largest Operations and Mainenance fl eet in Europe
Solar prices have gone down and is now the most competitive source of renewable energy
Quick to deploy
Reliable & predictable
Ireland
Spain
Portugal
Italy
NetherlandsUK
Operating Countries
C O R P O R A T E P P A
A bespoke structured PPA
The Corporate PPA market is established globally, with around 13.4GW signed in 2018 according toBloomberg New Energy Finance. Signing a Corporate PPA offers the opportunity to:
Each signed PPA is tailored to suit your business needs, we have the fl exibility and experience to give youthe choice of differenttenors, volumes andpricing structures.
2. Private Wire PPAs: Constructed on or near-site, and directly connected to your business.
1. Corporate PPAs:Constructed in an optimal location and grid-
connected Corporate PPAs can be virtual or physical.
Manage price risk in today’s volatile energy market
Secure a long-term, reliable source of renewable energy supported by Guarantees of Origin (GOs)
Underpin the development of low carbon generation
Reduce electricity costs and generate long-term savings without the upfront investment
PPA
ELEUTILITY
YOUR BUSINESS
ELECTRICITY
PPA
LIGHTSOURCE BP SOLAR FARM
Volume
Pricing
Tenor
Each signed PPA is tailored to suit your business needs, we have the fl exibility and
Structured
Firm
edba
selea
dFixed or flexible
volume
Pay as produced
Tenor10+ years
Indexlin
ked
Fixed
YOUR BUSINESS
LIGHTSOURCE BP SOLAR FARM
PPA
RE100Commitments
ScienceBasedTargets
Sustainable DevelopmentGoals
Achieve your:
PPA
ELEUTILITY
YOUR BUSINESS
ELECTRICITY
PPA
LIGHTSOURCE BP SOLAR FARM
www.lightsourcebp.com20190102_CRP_UK_V3
In 2016, Lightsource BP invested £5million to develop the fi rst
ever large-scale solar private wire PPA in Northern Ireland with
Belfast International Airport, providing green electricity for 27% of
their annual electricity demand. The airport now benefi ts from an
electricity price around 25% lower than the grid supplied average
with no capital expenditure required. This project provided savings
of £100,000 in the fi rst ten months, with savings continuing to rise
signifi cantly during the 25 year agreement term. A close partnership
with the airport’s on-site team ensured the connection was carried
out with no disruption to daily business activities.
Belfast International Airport Private Wire PPA
€5MLightsource BP funding Annual electricity generated
4000MWh
With the help of Lightsource BP, AB InBev will be using 100%
renewable energy by the end 2020. A 15-year Power Purchase
Agreement (PPA) was signed in December 2018, and is the largest
unsubsidised solar Corporate PPA in UK history. Over 350,000 solar
panels with a total capacity of 100MW will be funded, developed
and operated by Lightsource BP to provide AB InBev with long term
price stability and savings against the wholesale market forecast. The
carbon savings associated with this deal is estimated to be around
28,000 tonnes per year. With AB InBev’s launch of their ambitious 2025
Sustainability Goals and 100+ Accelerator innovation scheme, this solar
PPA will help towards their aims to “change the world.”
AB InBev Corporate PPA
15yearsTenor of PPA Additional unsubsidied solar capacity
100MW
C A S E S T U D I E S