Once constructed and connected, this newly added solar capacity will generate enough combined renewable electricity to power over 266,000 households.
Lightsource bp, a global leader in development and management of solar energy projects, expects the agreement to supply and optimize this portfolio of solar power generation projects across growing energy markets worldwide, including
DuraTrack HZ v3 is a market-leading utility-scale solar tracker that offers over 7% lower lifetime costs for asset owners, as well as 31% lower lifetime operations and maintenance costs than competitive, decentralized trackers. SmarTrack is an advanced machine-learning software platform that boosts energy production and revenues for utility-scale solar sites by up to 5% by rapidly and securely optimizing backtracking and diffuse light strategies.
This agreement builds on a previous deal between Lightsource bp and
“As we continue to grow and progress our 16GW development pipeline, executing global procurement deals with world class suppliers like
“Array’s ongoing collaboration with Lightsource bp has given us insight into how efficiently they prepare and plan,” said
About
About Lightsource bp
Lightsource bp is a global leader in the development and management of solar energy projects. They are a 50:50 joint venture with bp plc, working together to help drive the world’s transition to low carbon energy through competitively priced and sustainable electricity. With solar set to increase tenfold in the next 20 years, Lightsource bp is well-positioned to capitalize on this growth and enact real change on the global energy landscape through responsible solar projects. The team is comprised of 500 industry specialists, active across 13 countries – providing a full-service to their customers from initial site selection and permitting through to long-term management of projects.
For more information visit lightsourcebp.com, follow us on Twitter @lightsourceBP and Instagram @lightsourcebp, or view our LinkedIn page.
Forward Looking Statements
This press release contains forward looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward looking statements as a result of a number of factors.
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Investor Relations Contact:
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Source:
2020 GlobeNewswire, Inc., source