- Sep 10, 2020 2:38 pm GMT
Oil and gas increasingly looking at synergies with floating wind...
Bernard Looney, BP’s chief executive, described the deal as “an important early step” in the delivery of BP’s new climate ambitions, which include a goal to develop 50GW of renewable energy by 2030.
“It will play a vital role in allowing us to deliver our aim of rapidly scaling up our renewable energy capacity, and in doing so help deliver the energy the world wants and needs,”
Equinor, formerly known as Statoil, began its own shift towards cleaner energy sources around a decade ago by beginning to develop offshore wind projects. It is currently developing the Dogger Bank project off the Yorkshire coast alongside SSE which will be the largest windfarm in the world once it begins generating power in 2023.
Equinor expects to accelerate its existing goal to grow its renewable energy portfolio to between 4 to 6GW by 2026 and 12GW to 16GW by 2035.
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