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    Home > Finance > Lightsource BP enters Japan renewable market with 15 MW solar project
    Finance

    Lightsource BP enters Japan renewable market with 15 MW solar project

    Published by Global Banking & Finance Review®

    Posted on February 13, 2025

    1 min read

    Last updated: January 26, 2026

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    Quick Summary

    Lightsource BP enters the Japanese renewable market with a 15 MW solar project in Hokkaido, expanding its operations to 20 global markets.

    Lightsource BP Expands into Japan's Renewable Market with Solar Project

    TOKYO (Reuters) - Lightsource BP, a unit of British oil giant BP, announced on Thursday its entry into the Japanese renewable market with the acquisition of a 15 megawatt peak(MWp) solar project in northern island of Hokkaido.

    The move marks an important expansion of the company's operations in the Asia-Pacific region, leveraging its global expertise to help support Japan's energy transition, Lightsource BP said in a statement.

    With its entry into Japan, Lightsource BP now operates in 20 global markets, up from 19. The company has a global solar development  pipeline exceeding 58 gigawatt(GW), including nearly 8 GW of projects in the Asia-Pacific region, the company added.

    Last year, BP took full ownership of Lightsource BP.

    (Reporting by Yuka Obayashi; Editing by Tomasz Janowski)

    Key Takeaways

    • •Lightsource BP enters Japan with a 15 MW solar project.
    • •The project is located on Hokkaido island.
    • •This marks Lightsource BP's 20th global market.
    • •BP took full ownership of Lightsource BP last year.
    • •The company has a 58 GW global solar pipeline.

    Frequently Asked Questions about Lightsource BP enters Japan renewable market with 15 MW solar project

    1What is the main topic?

    The article discusses Lightsource BP's entry into the Japanese renewable market with a 15 MW solar project in Hokkaido.

    2What is the significance of this project?

    This project marks Lightsource BP's expansion into its 20th global market, highlighting its growth in the Asia-Pacific region.

    3Who owns Lightsource BP?

    BP took full ownership of Lightsource BP last year.

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