{"id":477707,"date":"2025-10-29T10:13:29","date_gmt":"2025-10-29T10:13:29","guid":{"rendered":"https:\/\/lightsourcebp.staging.1int.co.uk\/?p=477707"},"modified":"2026-01-21T16:46:49","modified_gmt":"2026-01-21T16:46:49","slug":"the-emerging-corporate-renewable-procurement-models","status":"publish","type":"post","link":"https:\/\/lightsourcebp.staging.1int.co.uk\/uk\/news\/the-emerging-corporate-renewable-procurement-models\/","title":{"rendered":"The emerging corporate renewable procurement models"},"content":{"rendered":"
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The emerging corporate renewable procurement models<\/h1>\n <\/div>\n <\/div>\n <\/div>\n\n
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Hybrid PPAs, multi-buyer agreements, and innovative self-consumption solutions open new pathways for companies needing tailored renewable supplies.<\/h4>\n\n <\/span>\n <\/div>\n <\/div>\n <\/div>\n\n
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Why are Hybrid PPAs considered a strategic advantage?<\/h4>\n

Decarbonization, security of supply, and price certainty remain the three core considerations when companies contract energy supplies.<\/p>\n

Power Purchase Agreements (PPAs) have evolved from tactical hedges into core strategic instruments and hybrid PPAs (combining solar, wind, and storage) are emerging as one of the effective ways to secure low carbon power that is more reliable and offering a less volatile price.<\/p>\n

At Lightsource bp (+55GW current global development pipeline, 11.9GW developed, and 5.3GW under management), we\u2019re building a pipeline of solar, wind and storage projects designed to deliver the energy supplies that support corporate buyers\u2019 requirements.<\/p>\n

We believe that suppliers able to orchestrate multiple assets to deliver low carbon products that are closer to off-takers consumption loads will increasingly have an edge.<\/p>\n\n <\/div>\n <\/div>\n

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What defines a PPA as \u201chybrid\u201d?<\/h4>\n

A hybrid PPA contractually bundles two or more renewable technologies, most often solar and wind, but increasingly including battery storage.<\/p>\n

The assets can be co-located on a shared grid connection or aggregated as a virtual hybrid under one commercial structure.<\/p>\n

Complementarity matters.<\/strong> Solar tends to peak at midday and in the summer, while wind can perform better at night, in the early morning, in the evening, or in winter.<\/p>\n

Combining the two reduces intraday and seasonal volatility. Adding batteries bridges some of the residual gaps by shifting energy from surplus to deficit hours and also provides grid services such as frequency response and peak shaving.<\/p>\n\n <\/div>\n

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What are the key benefits of Hybrid PPAs?<\/h4>\n