Lightsource BP is to construct a 4.9MWp solar installation at Ibstock Brick’s Leicestershire headquarters.
The scheme is fully funded by Lightsource BP and a power purchase agreement (PPA) will see electricity from the installation ‘hard-wired’ into Ibstock Brick’s private electricity network, providing 30 per cent of the site’s annual electricity demand.
Ibstock Brick will purchase the electricity generated from the installation via a 25-year agreement at a fixed rate, delivering operational savings as well as sustainable benefits. Lightsource BP will operate the site over the full life-cycle of the project.
Further detail at our sister site, New Power.