In Partnership With Equinor, Multinational BP Will Invest 1.1 Million Euros In Developing Wind Projects

Written by Roberta Souza

Published on 10/09/2020 at 09:07

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BP Announced That It Aims to Multiply Its Investments in Renewables by Tenfold by 2030. The Company, in Partnership with Equinor, Will Invest in Wind Projects in the USA

BP, a multinational oil and energy company, will invest €1.1 million, in partnership with Equinor, a Norwegian company, to start its wind projects in the United States. BP’s intention is for the projects to be similar to those already existing in New York and Massachusetts.

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Bernard Looney, CEO of BP, spoke about the company’s partnership with Equinor, saying, “This is an important first step in our strategy and in the future transition to becoming an integrated energy company.”

In a statement, BP says it aims to meet the goals of the renewable energy sector. The company also states that it will transition from being an oil company to being part of the energy sector. The group had previously announced that by 2030 it will “multiply by ten” its investments in renewable energy due to carbon emissions. The company’s annual investment will average around $5 million.

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In Partnership With Equinor, Multinational BP Will Invest 1.1 Million Euros In Developing Wind Projects

BP Announced That It Aims to Multiply Its Investments in Renewables by Tenfold by 2030. The Company, in Partnership with Equinor, Will Invest in Wind Projects in the USA

See Other News:

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In Partnership With Equinor, Multinational BP Will Invest 1.1 Million Euros In Developing Wind Projects

BP Announced That It Aims to Multiply Its Investments in Renewables by Tenfold by 2030. The Company, in Partnership with Equinor, Will Invest in Wind Projects in the USA

See Other News:

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

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