$5.8 Billion Question: BP Backs Away from Green Energy—but Is Offshore Wind Still Worth It?
Rextag
DECEMBER 10, 2024
What does BPs latest move in offshore wind mean for its renewable energy strategy? BP and Japanese power company JERA have announced a joint venture (JV) to create one of the worlds largest offshore wind operators. BPs Offshore Wind Pipeline: 9.7 GW in projects, and 4.5 GW in secured leases. Funding: BP will invest $3.25
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