BP whets appetite for alternative energy investment bonanza

clock • 2 min read

Senior executive says alternative energy investments are moving forward faster than expected

Oil giant BP is preparing to invest more than $1bn (£648m) in alternative energy projects this year as it looks to accelerate efforts to diversify its operations. That is the message from Katrina Landis,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

 OVO and Havenwise team up to launch 'greener' heat pump trial

OVO and Havenwise team up to launch 'greener' heat pump trial

Trial aims to test how to optimise heat pumps to run on renewable power

clock 17 October 2025 • 2 min read
Lloyds launches free heat pump offer for new mortgage customers

Lloyds launches free heat pump offer for new mortgage customers

Bank teams up with Octopus Energy on new offer for eligible mortgage customers to have a air source heat pump fitted free of charge

Michael Holder
clock 15 October 2025 • 4 min read
'We must step up': World leaders urged to 'move faster' to triple renewable power capacity by 2030

'We must step up': World leaders urged to 'move faster' to triple renewable power capacity by 2030

Report estimates hitting 2030 target will require investment of $1.4tr worldwide a year to add 1,122GW annually - a 16.6 per cent annual growth rate

clock 14 October 2025 • 6 min read