INDIANAPOLIS--(BUSINESS WIRE)--May 23, 2023--
Lightsource bp has announced commercial operation of its 152.5 megawatt ac / 173 megawatt dc Bellflower Solar project, located about 40 miles east of Indianapolis in Henry and Rush Counties. Lightsource bp developed, financed and will own and operate Bellflower Solar, and has entered into a virtual power purchase agreement with Verizon with respect to the energy generated by Bellflower Solar. The solar farm is expected to offset the equivalent of 202,000 metric tons of carbon dioxide emissions each year 1, improving air quality while furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035.
James Gowen, SVP of global supply chain and sourcing, and chief sustainability officer at Verizon, said:"Verizon is committed to protecting our planet by supporting the production of renewable energy and the transition to a greener U.S. energy grid. The renewable energy produced by the Bellflower Solar project will help us achieve net zero operational emissions by 2035.”
Multiuse solar maximizes environmentally friendly benefits
The Bellflower solar farm brings many environmental benefits to Indiana, in addition to improving air quality by reducing carbon dioxide emissions from electricity generation.
Kevin Smith, CEO of the Americas at Lightsource bp, said :“The Bellflower project is a great example of our commitment toresponsible solar developmentin action. Beyond delivering clean, affordable and reliable energy, Lightsource bp has a deep commitment to maximizing the sustainable benefits of our solar projects for communities, protecting ecosystems and improving biodiversity.”
Home grown electricity supports energy security and the local economy
Bellflower Solar is helping reduce America’s foreign dependence and increase Indiana’s energy security with home-grown electricity. Projects like Bellflower also help strengthen local rural economies. The project is expected to generate $30 million in property tax revenue to Rush and Henry Counties over its life, benefitting local schools and other community public services. Its operations budget of $2.4 million each year will be primarily spent in the region.
The Bellflower project created hundreds of U.S. jobs across the supply chain, while supporting domestic manufacturers and low carbon products. More than 350 people worked on-site during peak construction to build the facility. SOLV Energy was the engineering, procurement, and construction (EPC) contractor for the project which included installation of 377,000+ ultra-low carbon solar panels manufactured by Arizona-based First Solar along with smart solar trackers manufactured by New Mexico-based Array Technologies.
George Hershman, CEO of SOLV Energy, added:"Indiana is an emerging leader in the clean energy transition, and Bellflower is a prime example of how investments in solar energy are benefitting Hoosiers. Large-scale projects like Bellflower bring economic benefits to the entire community through new employment and training opportunities for residents, support for local schools and nonprofits, and income for area businesses that SOLV Energy partners with throughout construction."
Resources
Bellflower Solar project website
Bellflower Solar pollinator conservation research participation
Project photo library: Link
(Images are for use in media coverage only and must be clearly credited to “Lightsource bp.”)
About Lightsource bp
Lightsource bp is a global leader in the development and management of solar energy and energy storage projects and a 50:50 joint venture with bp. For more than a decade, Lightsource bp has delivered affordable, safe and sustainable energy to businesses and communities around the world. Their team includes nearly 1,000 industry experts, working in 19 countries, providing full scope development for projects, from initial site selection, financing and permitting to long-term management of solar projects and energy sales to their customers. Lightsource bp in the U.S. is headquartered in San Francisco with development offices in Denver, Austin and Philadelphia. Since 2019, the team has brought into operation or initiated construction on 3.2 gigawatts of U.S solar projects with capital costs of nearly $4 billion across 11 states in America. For more information visit www.lightsourcebp.com/us.
References
1 Calculation based on EPA Greenhouse Gas Equivalencies Calculator, which uses the AVoided Emissions and geneRation Tool (AVERT) U.S. national weighted average CO2 marginal emission rate to convert reductions of kilowatt-hours into avoided units of carbon dioxide emissions. See: https://www.epa.gov/energy/greenhouse-gases-equivalencies-calculator-calculations-and-references.
View source version on businesswire.com:https://www.businesswire.com/news/home/20230523005889/en/
CONTACT: Media contact
Mary Grikas
Mary.Grikas@lightsourcebp.com
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SOURCE: Lightsource bp
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PUB: 05/23/2023 11:41 AM/DISC: 05/23/2023 11:41 AM
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