Lightsource to Set Up Europe’s Second-Largest Solar Facility

World-leading solar energy company Lightsource BP is poised to begin working on a solar park in central Greece with the financial backing of Eurobank and the National Recovery and Resilience Plan Greece 2.0. Construction on the 560 MW photovoltaic park, Enipeas Solar Park, will end sometime in 2026, and the completed park will be the second largest in all of Europe, after Germany’s 605 MW Witznitz solar farm.

United Kingdom-based solar-energy developer Lightsource BP has finished more than 8.4 GW of solar energy projects across 19 markets globally, but Enipeas will be its largest-ever photovoltaic investment. Solar energy will be a critical component of the global transition to renewables alongside wind energy and other green-energy sources, including geothermal and hydroelectric. Companies such as Lightsource will be integral in the race to replace fossil fuels with zero-emissions renewables such as solar, cut greenhouse-gas emissions and mitigate climate change.

Lightsource will compete with companies such as Kalyon Energy whose Turkey-based Karapınar plant is the largest photovoltaic power facility in the Balkan Green Energy News-tracked region with a 1.35 GW peak capacity. As the second-largest solar farm in the region after the Karapınar plant, Enipeas Solar Park will have a predicted capacity of 0.9 TWh in its first year.

That would be enough electricity to power nearly 2% of the domestic production in Greece as well as 225,000 homes, and prevent the production of 379,000 tons of carbon dioxide each year, a Eurobank statement claims. The statement also notes that the park will sell some of its energy capacity via a private power purchase agreement. Enipeas solar project would cover around 2,800 hectares of land and will comprise 968,630 solar modules spread out over a 160 MW northern cluster and a 400 MW southern cluster.

The project had financing worth $421.5 million, which included $155 million from Eurobank and a long-term $336.4 million loan, out of which $181.3 million was sourced from the European Union’s Recovery and Resilience Facility or National Recovery and Resilience Fund Greece 2.0. Lightsource BP will cover the remaining 20% of the project’s financing.

Lightsource BP was formed as Lightsource Renewable Energy in 2010 before partnering with BP (formerly British Petroleum) and rebranding as Lightsource BP. Now one of the largest solar developers on the globe, Lightsource BP jumped into the Greek market and has deployed more than 1GW of solar and storage projects in Greece so far.

Other players in the solar energy space such as Turbo Energy S.A. (NASDAQ: TURB) are also doing their part to accelerate the rate at which photovoltaic systems are deployed at scale. All these undertakings point to a clean-energy future coming sooner than critics may have thought possible.

NOTE TO INVESTORS: The latest news and updates relating to Turbo Energy S.A. (NASDAQ: TURB) are available in the company’s newsroom at

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