Lightsource bp, the solar power arm of oil and gas major bp, has sold a 1GW solar portfolio in Australia to Beijing Energy International Australia, the local subsidiary of Chinese clean energy firm Beijing Energy.
The portfolio consists of five projects, three of which are currently in operation: the Wellington and West Wyalong facilities in New South Wales, and the Woolooga project in Queensland, which have a combined solar capacity of 521MW. The other two projects, the Wellington North and Wunghnu facilities, are under construction, and Lightsource bp expects them to begin commercial operation in the second half of 2024.