bp

Solar player enlists oil major BP, HSBC, Natwest and Bank of America as it raises US$250m package to sponsor project northeast of Dallas, set to trade energy with BP.

Crash of crude prices as virus tightens global grip may create challenges for firms relying on oil revenues as they finance a shift to green energy, IEA warns.

The latest episode of the Solar Media Podcast sees Liam Stoker and Andy Colthorpe discuss how the clean energy economy is responding to Covid-19 while Andy reports from PV Expo in Tokyo, which itself felt the effects of the virus outbreak.

Mid-century net zero goal will see global O&G major double down on clean energy investments and create a new low carbon power business.

Solar Media's Liam Stoker and Andy Colthorpe take a look at how utilities across the world are increasingly deploying sizeable solar and/or storage plants, and discuss the rise of long-duration storage.

Oil and gas major BP has increased its stake in international solar developer Lightsource BP in a bid to accelerate the firm’s growth.

Cubico Sustainable Investments progresses on another project following acquisition of Cypress Creek portfolio.

BP has modelled for solar in the US to deploy at levelised costs of around US5¢/kWh by 2040, despite solar already hitting those prices in much of the country.

BP has said the promising “fundamentals” behind the current global solar market triggered it to re-enter and the petrol giant now has ambitious plans for worldwide growth.

BP is to acquire a 43% stake in prolific UK-based solar developer Lightsource in what stands to be a significant new solar partnership.