Lightsource BP Acquires 135 Megawatts Of US Solar
British solar developer Lightsource BP has announced the acquisition of a US portfolio of 6 solar development assets worth 135 megawatts (MW) based in the United States.
British solar developer Lightsource BP has announced the acquisition of a US portfolio of 6 solar development assets worth 135 megawatts (MW) based in the United States.
Oil and its allies are doing what they can to delay the day of reckoning, but it’s just a matter of time before fossil-powered vehicles join sailing ships, horse-drawn carriages, and bowler hats in making the transition from necessary to nostalgic. What will Big Oil do?
I had to smile at the news of BP getting more into e-mobility because I remember being selected for a BP panel years ago when the company decided to “become green.” It basically painted its logo green, in perfectly logical corporate fashion. A decade later, BP Downstream has acquired UK electric vehicle (EV) charging station network Chargemaster. But this acquisition hasn’t been BP’s only EV move in recent months.
Since it is being backed by oil industry lobbyists, one might ask, could a carbon tax actually be a benefit for the oil industry in some way? It is a question worth asking.
So much electric vehicle news, so little time, but what actually changed in the electric vehicle industry last month? Below is some notable news.
BP Ventures invests $20 million into an ultra-fast-charging battery developer called StoreDot that targets a battery for electric vehicles that charges in just 5 minutes. The goal is to commercialize a flash battery for mobile communication devices as early as 2019 followed by an EV battery. Who said petroleum companies were sitting on a goldmine and not taking advantage of it?
With Google and Apple boasting they met their 100% renewable energy targets in 2017, here is a closer look at how big companies go about acquiring the necessary renewable energy, and the difference being “matching” your power and being “powered” by renewable energies.
Tesla will build and supply the energy storage facility to be installed at BP’s Titan 1 wind energy power plant in South Dakota, US, the company has revealed. The new energy storage facility is expected to be installed during the second half of 2018, according to the company.
Chevron attorneys say they will not deny climate change is real at the climate change trial taking place in federal court in California. That is a big step forward even it the plaintiffs do not win the suit.
BP has racked up some renewable energy points in recent months, but the company is still leaning heavily on new efficiencies in its oil and gas assets to cut its carbon profile.