ONYX Insight, has deepened its partnership with bp Wind Energy with deployment of its predictive maintenance technology across the operator’s US onshore wind portfolio. The latest long-term deal will see ONYX continue the delivery of engineering, technical and analytics solutions to bp for the next five years, following a successful and trusted seven-year relationship. … Continue reading ONYX Insight and bp Wind Energy deepen wind turbine predictive maintenance partnership
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Iberdrola signs a strategic alliance with BP to accelerate the deployment of electric mobility
The companies plan a joint investment of €1 billion in 11,700 fast charging points, expanding the infrastructure necessary for the development of electric mobility in Spain and Portugal. Iberdrola and bp today signed a strategic alliance to accelerate the energy transition in sustainable mobility. The companies, which announced their intention to form a joint venture … Continue reading Iberdrola signs a strategic alliance with BP to accelerate the deployment of electric mobility
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bp, Deep Wind Offshore partner to develop offshore wind opportunities in South Korea
bp and Deep Wind Offshore have formed a joint venture to develop offshore wind opportunities in South Korea. As part of their agreement, bp has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which includes four projects across the Korean peninsula with a potential generating capacity of up to 6GW. South … Continue reading bp, Deep Wind Offshore partner to develop offshore wind opportunities in South Korea
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Offshore wind leaders and the Carbon Trust to develop first industry-backed method for calculating life cycle carbon footprints
Eleven offshore wind developers – bp, EnBW, Fred Olsen Seawind, Parkwind, RWE, ScottishPower Renewables, Shell, SSE, Total Energies, Vattenfall and Ørsted – are partnering with the Carbon Trust to make future offshore wind even more sustainable. The developers design, build, and operate offshore wind farms globally, including Europe, North America, and Asia. They will work … Continue reading Offshore wind leaders and the Carbon Trust to develop first industry-backed method for calculating life cycle carbon footprints
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Equinor and BP jointly bid into New York’s third offshore wind solicitation (NY3)
Equinor and bp today jointly bid into New York’s third offshore wind solicitation (NY3), building on their strong commitment to deliver renewable energy for New Yorkers, create sustainable jobs, boost the economy across the state, and support a just transition to renewable energy. Equinor and bp’s bid, submitted to the New York State Energy Research … Continue reading Equinor and BP jointly bid into New York’s third offshore wind solicitation (NY3)
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Solar and wind power will be the primary source for new electricity generation out to 2050
Renewable energy is the world’s fastest growing energy source and essential to getting the world to net zero According to the US Energy Information Agency renewables will be the “primary source for new electricity generation” out to 2050. Rapidly growing our renewables business is core to our strategy: by 2030, we aim to have developed … Continue reading Solar and wind power will be the primary source for new electricity generation out to 2050
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Iberdrola and BP to collaborate to accelerate EV charging infrastructure and green hydrogen production
Iberdrola and bp enter into a strategic collaboration agreement to contribute to the decarbonisation of transport and industrial sectors Plan to jointly invest up to €1bn into deploying up to 11,000 fast charge points across Spain and Portugal, rapidly growing charging infrastructure to support EV growth. Plan to jointly develop, in Spain, Portugal and the … Continue reading Iberdrola and BP to collaborate to accelerate EV charging infrastructure and green hydrogen production
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Equinor and bp sign agreement to transform South Brooklyn Marine Terminal into central hub for offshore wind industry
Equinor, and its partner bp, today announced an agreement to turn the storied South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind. Under the agreement, the terminal will transform into a world-class offshore wind port capable of staging and assembling the largest, most sophisticated offshore wind … Continue reading Equinor and bp sign agreement to transform South Brooklyn Marine Terminal into central hub for offshore wind industry
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Equinor and bp achieve key step in advancing offshore wind energy for New York
Today, at an event with U.S. Secretary of Energy Jennifer Granholm, New York Governor Kathy Hochul and U.S. Representative Paul Tonko, Equinor and bp announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1. The PSAs … Continue reading Equinor and bp achieve key step in advancing offshore wind energy for New York
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Renewables surged in 2020 but world not yet on track for climate goals, BP says
Wind and solar power capacity expanded rapidly in 2020 while global energy demand cratered because of the pandemic, yet this did not yet reflect a “decisive shift” towards meeting U.N.-backed climate goals, BP said in its annual energy review. Last year witnessed the biggest fall in carbon emissions in more than 75 years, putting the … Continue reading Renewables surged in 2020 but world not yet on track for climate goals, BP says
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bp today agreed to join Statkraft and Aker Offshore Wind to develop offshore wind energy in Norway
The partnership – in which bp, Statkraft and Aker Offshore Wind will each hold a 33.3% share – will pursue a bid to develop offshore wind power in the Sørlige Nordsjø II (SN2) licence area. SN2’s favourable location provides power export access to local and adjacent markets. The consortium also intends to explore opportunities to … Continue reading bp today agreed to join Statkraft and Aker Offshore Wind to develop offshore wind energy in Norway
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bp, Iberdrola and Enagás plan to develop the largest green hydrogen project in the region of Valencia
The project would be located in the bp refinery in Castellón, where a 20-megawatt (MW) electrolyser will be built, powered by renewable energy produced, among other sources, by a 40 MW photovoltaic plant In later stages, the electrolysis capacity could be ramped up to 115 MW, becoming the largest green hydrogen project in the refining … Continue reading bp, Iberdrola and Enagás plan to develop the largest green hydrogen project in the region of Valencia
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BP closes PPA of wind energy with Casa dos Ventos in Brazil
British oil company BP signed a 15-year contract to purchase wind power from Brazilian renewable project developer Casa dos Ventos. The agreement, which provides for the supply of wind energy with wind turbines from 2023, was signed with BP’s local energy marketing unit and provides for the delivery of production from the Rei do Vento … Continue reading BP closes PPA of wind energy with Casa dos Ventos in Brazil
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BP could build huge wind farm off coast of North Wales
SIX proposed new offshore wind projects are earmarked for waters around England and Wales. One of the proposed could be off the Northern Welsh Coast, North East of Anglesey. The bidder is a consortium of EnBW and BP. Areas pinpointed are between Holyhead and Rhyl. Another two projects also focus on North Wales, the Irish Sea … Continue reading BP could build huge wind farm off coast of North Wales
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Equinor and BP to deliver 2.5GW offshore wind power to New York state
Equinor and partner BP have been selected to provide close to 2.5GW of offshore wind power to the state of New York, US, in the latest renewables solicitation. Equinor and BP will develop 1,260MW Empire Wind 2 project and another 1,230MW Beacon Wind 1 project in the US East Coast. Claimed to be one of … Continue reading Equinor and BP to deliver 2.5GW offshore wind power to New York state
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Ørsted and bp to develop renewable hydrogen project in Germany
Ørsted and bp have agreed to jointly develop a potential large-scale renewable hydrogen project at bp’s Lingen Refinery in North West Germany (Emsland). The project, which is expected to be operational in 2024, will comprise a 50 Megawatt (MW) electrolyser system capable of generating one ton of renewable hydrogen per hour or almost 9,000 tonnes … Continue reading Ørsted and bp to develop renewable hydrogen project in Germany
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Equinor partners with BP in US offshore wind power to capture value and create platform for growth
Equinor (OSE: EQNR, NYSE: EQNR) has entered into an agreement with BP (LSE: BP, NYSE: BP) to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of USD 1.1 billion. Through this transaction, the two companies are also establishing a strategic partnership for further growth within offshore wind in the US. Currently Equinor holds … Continue reading Equinor partners with BP in US offshore wind power to capture value and create platform for growth
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BP enters the offshore wind energy market
British oil giant BP announced that it has started exploring the offshore wind energy sector, thanks to a partnership with the Norwegian group Equinor in the United States. BP is providing $ 1.1 billion to Equinor to jointly develop projects with existing wind turbines off the New York and Massachusetts coasts. First investment in renewable … Continue reading BP enters the offshore wind energy market
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BP sells three wind farm operations in Texas
BP sold three wind energy operations in Texas and says it will use the money to upgrade technology in its remaining U.S. wind operations. The price was not disclosed. The three wind facilities include Silver Star with 60 megawatts of generating capacity and about 100 miles southwest of Fort Worth, Sherbino Mesa 2 with 145 … Continue reading BP sells three wind farm operations in Texas
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BP installs Tesla-made battery to store wind power in South Dakota
BP hopes new technology will spur more wind energy development. BP installed a battery storage system for the first time at one of the company’s wind energy farms in South Dakota, a move BP hopes will provide a blueprint for adding similar power storage technology at its other U.S. wind power sites. BP said the … Continue reading BP installs Tesla-made battery to store wind power in South Dakota
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