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)
