Italian giant's new climate strategy leans heavily on dramatic renewables ramp-up and on company reaching peak oil and gas production within five years.
The pledge comes one month after competitor Repsol outlined the same long-term commitment at COP25.
Sale plans by financial owner follows years of meteoric growth of firm owning 500MW PV portfolio for businesses in India, Middle East and South East Asia.
As oil prices plummet, Saudi Arabia’s biggest oil and gas company mulls over a transition into a clean energy future.
PTT, a state-owned Thai oil and gas company has invested in developer Conergy’s largest project in Japan to date, a 25.88MWp ground mounted PV plant.