Cuts to renewables subsidies have had a critical impact on the UK solar industry as a whole and Lightsource has not been immune. Jobs at the company have been lost as it looks to re-strategise and adapt to the new market condition.
While chief executive Nick Boyle has warned of a quiet 12 months for the firm, he does however see a significant future in negotiating power purchase agreements with power-hungry companies eyeing up reduced exposure to wholesale power price volatility. Ahead of next month's Solar Summit, Boyle discusses the opportunities in PPAs for both installers and UK PLC.
Lightsource Renewable Energy is the Corporate Energy Partner of the Solar Summit, organised by Solar Power Portal's publisher, Solar Media.