Lightsource BP strikes 5MW solar PPA with Ibstock Brick


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.

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Tesco goes large on direct PPAs and onsite solar

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Universities strike aggregated PPA

Corporate PPAs: The emergence of the mid-market

Aurora: Murky markets undermining corporate PPAs

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