bp

BP ventures, the investment platform of bp, has invested A$20 million (US$13.5 million) in Australian renewables company 5B to support the development and implementation of its 5B Maverick solar technology.

Lightsource bp has been given the green light to begin development on what it said will be Trinidad and Tobago’s first large-scale solar project, a 148MWp plant located across two sites.

First Solar is to provide PV project developer Lightsource bp and energy major bp with up to 5.4GW of its thin film modules as part of the manufacturer’s largest supply order to date.

BP, Abu Dhabi National Oil Company (ADNOC) and Masdar have partnered up to develop low carbon hydrogen hubs and create decarbonised air travel corridors between the UK and UAE in a deal that will see “billions” of dollars of investment.

BP’s Statistical Review of World Energy 2021, published late last week, highlights how the world’s energy systems are changing at rapid pace, but equally illustrates how that pace of change must accelerate across the world if established economies are to meet net zero targets. Liam Stoker looks at the key takeaways from the report.

Danish renewables developer Ørsted has said it plans to invest DKK 350 billion (US$57 billion) by 2027 to reach 50GW of installed clean energy capacity by the end of the decade.

Spanish power company Iberdrola is working with car maker Mitsubishi’s power business to develop green hydrogen and battery energy storage projects.

Spanish energy giant Iberdrola has partnered with oil and gas majors bp and Enagas on a feasibility study to develop a large-scale green hydrogen project in Valencia.

PV Tech’s Review of the Year kicks off today with some of the biggest news stories from the first quarter of 2020

Greater digitisation will be a pivotal enabler for the utility-scale solar sector as it looks to deploy hundreds of gigawatts each year, Lightsource bp group COO Ann Davies has said.