BP set to increase low carbon investment to $5bn in reinvention strategy
BP has announced plans to increase its renewables capacity to 50GW, as it increases investment tenfold.
BP has announced plans to increase its renewables capacity to 50GW, as it increases investment tenfold.
Global oil and gas major BP is to “fundamentally re-organise” its business, establishing a new low carbon power unit and doubling down on clean investments in a bid to become net zero by 2050.
The digital innovation arm of Lightsource BP announced last week a new CEO, the first to take up the role as the company looks to expand in the sector. Current± caught up with Benjamin Kott to talk about his priorities for the company.
Lightsource BP has announced Benjamin Kott as the new CEO for its in-house digital innovations arm, Lightsource Labs.
BP has set its sights on further growth in solar PV by increasing its stake in developer Lightsource BP.
Lightsource BP has claimed a UK-first, providing reactive power services to National Grid ESO during nighttime hours using power generated by a solar farm.
Liam Stoker talks to Lightsource BP’s Nick Boyle and Kareen Boutonnat as the company marks one year since BP took a 43% stake in the firm, a deal which has “strapped rocket boosters” to the solar developer.
British solar developer Lightsource BP has acquired Irish Internet of Things specialist Ubiworx in a deal which the company said would allow it to take advantage of a “reinvention” in energy.