Energy Environment

Lightsource BP inks Pennsylvania PV Supply Deal

After the planet first spoke of renewable energy, there was doubt among the people, with many questions rising about this sector. Renewable energy comes from natural sources like wind and the sun probably why many people questioned their efficiency to deliver adequate power to the world. As a result, many people never paid attention to the details climate experts gave on the subject. Years later, the climate sector’s challenges resulted in people heeding the advice of transiting to renewable energy, explaining why many governments are currently striving to introduce clean energy to the people.

The Pennsylvanian’s Commonwealth will source half of the annual energy demand from renewable energy via a deal with the Energy Provider Constellation and the Lightsource BP. Pennsylvania recently awarded power accounted across the state to the Constellation, resulting in an agreement to get power and the project-specific RECs (Renewable Energy Certificates) from the Lightsource BP current solar project sourcing out 191MW.

It is a popular project located in seven sites across six counties in Pennsylvania, the PULSE (Project to Utilize Light and Solar Energy) that will achieve its commercial operation by late 2022 if things go according to Lightsource BP’s plans. After its completion, it will supply clean energy to at least 16 Commonwealth of Pennsylvania agencies. Also, the Commonwealth constellation contract will start in January 2023. The agreement states that Commonwealth will source solar energy in the next decade.

This project comes in handy after Governor Tom Wolf set a Climate Change Executive Order targeting lower greenhouse gas emissions. The order targets recording a 26% reduction of gas emissions by 2025 and 80% in the coming three decades compared with the country’s 2005 greenhouse gas levels. It also aims to have at least 40% of electric power from the state’s clean energy sources.

Tom Wolf stated that Pennsylvania has been and is the national energy leader for over a century as the state works on diversifying the power grid with clean energy. It aims to maintain the top rank in energy leadership and deliver economic, environmental, and health benefits to Pennsylvania. To achieve its goal, it needs innovative ideas as demonstrated by renewable energy projects with a strategic partnership which is evident with the Constellation and Lightsource BP collaboration.

The terms of the deal require Constellation to purchase RECs and energy from Lightsource BP and later sell them to the Commonwealth accounts. This deal is the most significant offsite venture to date for Constellation. Jim McHugh, the chief executive officer of Constellation, commented on the joint venture stating that it will enable Commonwealth to achieve sustainability benefits and unlocks economic benefits. Kevin Smith from Lightsource BP expresses the company’s commitment to helping the field of renewables.

Leave a Reply

Your email address will not be published. Required fields are marked *