BP's not-so-mad dash for 20GW renewables capacity by 2025

SUPERMAJOR Bp outlined more of the details of its restructuring this week as part of its annual Energy Week, revealing plans for a major push in renewables, with a capacity target of 20 gigawatts by 2025, which by then it says will see roughly a 9% return from its green investments.

BP's not-so-mad dash for 20GW renewables capacity by 2025 BP's not-so-mad dash for 20GW renewables capacity by 2025 BP's not-so-mad dash for 20GW renewables capacity by 2025 BP's not-so-mad dash for 20GW renewables capacity by 2025 BP's not-so-mad dash for 20GW renewables capacity by 2025

Convinced, confident and committed: Looney

 

Most of the 20GW would be invested into solar, putting BP on par with today's biggest solar generator - China's State Power Investment Corp, according to BloombergNEF.