BP is set to power dozens of filling stations in New South Wales with renewable energy after related joint venture Lightsource BP hatched a deal with a utility linked to a planned solar farm in the Australian state.
The power purchase agreement (PPA) will see Snowy Hydro take power from Lightsource BP’s planned Wyalong solar farm to power 88 BP service stations.
The UK supermajor has a 50% stake in the Lightsource BP joint venture.
The PPA will enable the construction of the 107-megawatt direct current solar farm in West Wyalong, from which energy retailer Snowy Hydro will purchase two-thirds of the output.
Snowy Hydro will, through Red Energy, in turn supply a portion of this power to BP under a 10-year deal “to meet the power requirements of all its service stations throughout the state of New South Wales”, Lightsource BP said.
The 88 service stations are all set to be 100% powered by renewable energy from January 2023.
Frederic Baudry, president of BP Australia, said: “Powering these BP sites using renewable energy is a demonstration of our strategy in action and is another step towards our ambition to be a net zero company by 2050 or sooner and to help the world to get to net zero.”
BP is aiming for net zero carbon emissions by the middle of this century or sooner.