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Home » Uncategorized » Lightsource BP inks offtake deal for US solar
Solar

Lightsource BP inks offtake deal for US solar

reNEWS EditorialBy reNEWS EditorialApril 22, 20202 Mins Read
Lightsource BP inks offtake deal for US solar

Lightsource BP has signed a long-term power contract for a pair of solar developments totalling 44MW in the US state of Pennsylvania.

The developer agreed an offtake agreement with the Southeastern Pennsylvania Transportation Authority (SEPTA) for its Elk Hill 1 and 2 developments in Franklin County.

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Lightsource BP will finance, build, own and operate the two solar farms, which will generate an estimated annual total of 67,000MWh of Energy.

That output is equivalent to almost 20 percent of SEPTA’s 380,000MWh per year electricity demand, Lightsource BP said.

“We’re thrilled to partner with SEPTA, an organization committed to its sustainability goals, while supporting development of new solar energy sources within the state to create jobs in local communities,” said Kevin Smith, chief executive officer of Lightsource BP in the Americas.

SEPTA operates the sixth largest transit system in the US, running services including bus, rail, underground train and trams.

“Transit is inherently sustainable and supporting the development of local renewable energy is another way we can deepen our positive environmental impact,” said SEPTA General Manager, Leslie S. Richards.

“The agreement will help us achieve our long-term and ambitious sustainability goals in this vital field, which will only become more important as we emerge from this crisis”.

Elk Hill 1 and 2 will comprise over 120,000 solar panels and are expected to be online in 2021.

Lightsource BP Pennsylvania Solar USA
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