BP tips $280 million into green energy purchases
British multinational oil and gas company BP has gone on a spending spree of United States solar farms, buying over $280 million AUD of assets. BP has
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British multinational oil and gas company BP has gone on a spending spree of United States solar farms, buying over $280 million AUD of assets. BP has
BP invests $220 million to acquire 9 GW of U.S. solar power projects from 7X Energy to diversify its energy portfolio for a sustainable cleaner energy economy.
New hires, promotions and appointments continue to fuel the industry's workforce.
BIC Magazine June 3, 2021 BPÂ boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy. The acquisition represents a significant step towards bpâs target of growing its net developed renewable generating capacity to 20GW by 2025 and aim to increase this to 50GW by 2030. The deal will also grow bpâs renewables pipeline from 14GW to 23GW. These assets will be developed through bpâs 50-50 solar joint venture Lightsource bp, a global leader in solar energy, applying Lightsource bpâs capabilities to accelerate bpâs...
Energy major BP Plc on June 1 boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy.