Solar power in Ireland to receive investment boost from Europe’s largest solar energy company

solar-farm-plans-presented-to-community

Lightsource Renewable Energy announces an investment of significant resource and expertise into Ireland for the development of solar power installations. The ease of deployment, scalability and safety of solar panels has seen this technology become the most popular electricity generator in many regions, including in the UK.

Nick Boyle, Lightsource’s CEO and a native of County Antrim, comments: “We are excited by the opportunity for solar power in Ireland. Lightsource is committing significant financial investment and resource towards realising this opportunity. Any risks associated with the development of these solar projects, including installation costs, will be borne by Lightsource. This commitment will not only add to sustainable electricity generation in Ireland, it will also strengthen the local economy and supply chain.”

“Our ground-mounted solar projects will provide much-needed land diversification for farming enterprises, and our rooftop systems will enable schools, businesses and community buildings to reduce overhead costs. It really is a win-win for local communities,” said Mr Boyle.

Visit Lightsource’s Ireland website here

Lightsource Brings Solar Power to Formula E Championships

Action from the Formula E Races at Battersea Park

The exciting finale to the FIA Formula E Championship, in London, hosted the city’s first ever solar farm – courtesy of solar experts Lightsource.

Lightsource, Europe’s largest solar energy company, has announced a two-year deal to bring solar energy to the Formula E races. The new partnership began at the London ePrix finale at Battersea Park where Lightsource showcased its capabilities by powering a range of essential services on and off track.

EUROPE’S LEADING SOLAR ENERGY PROVIDER TEAMS UP WITH OLYMPIC MEDALLIST TINA COOK FOR BADMINTON HORSE TRIALS

Kristina Cook  riding STAR WITNESS in the Advnced Section

Olympic medal winning eventer Tina Cook will be on hand to meet and greet fans at this year’s Badminton Horse Trials.

Tina – who won a team silver at London 2012 – will be signing autographs at the Lightsource Renewable Energy marquee on the Thursday and Friday of the competition.

Lightsource is Europe’s leading provider of solar energy and is proud sponsor of Tina, who rides De Novo News at this year’s event and is drawn 47.

Energy and Business Minister “excited” by Lightsource’s achievements

_DSC5453

Minister of State for Energy, Matthew Hancock MP, visited Lightsource’s London headquarters and pledged a strong commitment to supporting the future of the solar industry.

After a recent tour of Chalcroft Solar Farm, in Southampton, Mr Hancock stopped in for a tour of Lightsource’s base at 33 Holborn and spoke to staff about his excitement at what the company had achieved and paid tribute to their efforts in driving forward the industry.

Speaking to Lightsource staff, he said: “This is a company that is doing vital work. The future Conservative government is a strong supporter of solar on roofs and where planning allows it on ground. There is clearly much scope going forward.”

To read more about Matthew Hancock’s visit to the Lightsource offices – click here

_DSC5463

Energy Minister Admires Solar Farm during Visit

Matthew Hancock MP and Mims Davies (centre) meet Lightsource Team atr Chalcroft Solar Farm

UK-based Lightsource Renewable Energy, one of Europe’s leading solar energy companies, welcomed the Minister of State for Energy, Matthew Hancock MP, for a guided tour of Chalcroft Solar Farm, in Southampton. Joined by prospective Parliamentary candidate Mims Davies and a team from Lightsource, the Minister was able to experience the benefits of a successful solar farm project.

Generating clean energy since 2013, the 40-acre Chalcroft Solar Farm provides enough “home-grown” energy to power more than 2,000 homes. As well as generating power, the site has also been designed with continued agricultural use in mind. Wide field margins and spaces between the rows of panels can easily accommodate small livestock. The landowner plans to make the site home to a flock of ducks and geese.

A bespoke biodiversity management plan has also been put in place for the site featuring new planting of native trees and hedgerows, as well as bird nesting boxes installed around the site to improve prospects for local wildlife.

House of Lords DECC Minister visits HQ of Europe’s Leading Solar Energy Company

Baroness Verma with Lightsource CEO Nick Boyle and BPVA Chairman Reza Shaybani

Europe’s leading developer and operator of solar photovoltaic (PV) projects, Lightsource Renewable Energy, received a visit from Baroness Verma, the Department for Energy and Climate Change (DECC) minister in the House of Lords to discuss the future potential of solar energy in the UK. Lightsource operates the largest portfolio of solar PV projects in Europe, having deployed over £1.5billion of investment into the local economy since its inception in 2010.

Lightsource recently announced moving headquarters to the landmark building 33 Holborn, celebrating tremendous growth from 6 full-time employees to over 350 in just over 4 short years. The company is also firmly on track to become the first solar energy company in the world to reach a 1 Gigawatt operational portfolio of solar PV assets deployed in the one country by end of March this year.

Baroness Verma visited Lightsource’s London headquarters to meet with senior company representatives and the British Photovoltaic Association (BPVA) to discuss the role solar energy has to play in the future energy mix.

Lightsource Responds to Results of First CfD Auction

lightsource-resolves-heritage-concernsthrough-close-liason-with-council

Lightsource Renewable Energy has been awarded a Contract for Difference (CfD) for its 14.67MW Charity Farm solar project in the first round of the government’s new competitive auction system for clean energy support contracts.

The Charity Solar Farm was one of just five solar projects that was successful in the CfD auction.

Lightsource CEO, Nick Boyle, responded to the announcement. Nick said : “At Lightsource, we are very concerned that the government is somewhat naive in preparing the UK for a financially sustainable future. Their CFD announcement demonstrates this perfectly as we see the solar industry’s minimal award of 72MW compared with the wind industry who has taken 749MW, over 10 times more support than what solar received.

Octopus and Lightsource secure £76 million refinancing facility from Barclays for solar portfolio

lightsource-acquires-5-mw-project-from-china-sune

Octopus Investments (“Octopus”) and Lightsource Renewable Energy (“Lightsource”) have closed the project refinancing of a portfolio of solar farms managed by Octopus, with a total installed capacity of 76.4 megawatts. Barclays provided the £76m term facility.

These projects are among the largest solar photovoltaic systems that supply power into the UK national grid. Octopus originally acquired the solar farms from Lightsource in April 2014, and subsequently engaged Lightsource to advise on the senior debt refinancing.

Lightsource announces a £125million commitment to rooftop solar deployment for 2015

Bentley_rooftop_aerial

Lightsource has announced a dedicated investment of more than £125million into the UK rooftop solar market in 2015 as it strides towards its 1 Gigawatt target of operational assets. The company believes that its partnerships with PV installers will be key to unlocking the potential of the rooftop market.

After deploying £1.5 billion in just four years, Lightsource is set to become the first solar energy company to break the Gigawatt milestone by the end of March 2015.The investment of £125million will be allocated to rooftop solar projects in the UK, as the company looks to deliver 120 MW of installations on commercial buildings, schools, households and social housing.

Lightsource is inviting solar PV installers to a special drinks reception at Ecobuild on Tuesday 3rd March, at 5.30pm, to meet with its CEO Nick Boyle and other senior company representatives to discuss partnership opportunities, project funding and installation agreements.