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Adam Pegg
Managing Director APAC at Lightsource BP
Adam Pegg is the Managing Director for the Asia-Pacific (APAC) region at Lightsource bp, a global leader in solar energy project development. He has held this position since 2023 and is responsible for overseeing the company's renewable energy projects and investments across APAC, including significant developments in Australia, New Zealand, Taiwan, and South Korea.
Professional Background
Adam Pegg has over 20 years of experience in the renewable energy sector, with a strong focus on power generation, gas infrastructure, and energy retailing. Before joining Lightsource bp, he served as the Head of Business Development – Renewables at APA Group for over eight years, where he was instrumental in establishing one of Australia's largest wind and solar portfolios. His earlier career includes various roles at AGL Energy, where he worked on renewable energy strategy, mergers and acquisitions, and corporate development.
Education
Adam holds several academic qualifications:
- Master of Business Administration from The University of New South Wales
- Post Graduate Diploma in Natural Resources and Environmental Economics from The University of Queensland
- Bachelor of Economics from The University of New England
Contributions and Vision
Under Adam's leadership, Lightsource bp has made significant strides in the APAC region, developing a multi-gigawatt pipeline of solar projects and expanding its workforce. He emphasizes the importance of transitioning to clean energy and aims to leverage Lightsource bp's capabilities to support this shift. Adam has articulated a vision for the company to play a pivotal role in the energy transition, particularly through utility-scale solar projects, which are crucial for establishing a reliable and lower carbon energy system.1234
Highlights
As we transition towards renewable energy, replacing traditional, emission-intensive power generation, the need for both long and short-duration energy storage is becoming increasingly important. We're pleased to share that our hybrid DC coupled BESS, as a part of our Goulburn River solar farm project, has been selected for a Long-Term Energy Storage Agreement (LTESA) with the New South Wales government. This project not only marks a significant milestone in our journey but also demonstrates the growing commitment to sustainable energy solutions. Thank you to the NSW government for its support and belief in this initiative - it's an exciting time for renewable energy.
The Lightsource bp team in Australia over the past 5 years has been able to invest in and develop a quality solar project portfolio. Today we announce the sale of our first 5 projects totaling more than 1GW and plan to recycle this equity towards continuing the development activities across our 60GW+ global renewables and BESS projects, particularly in APAC.
Lightsource bp
See here for more information: https://lnkd.in/gXMRKAg6
