BP Plans 20 GW In Renewable Capacity By 2025

BP plans to have 20 GW of solar and wind generating capacity in its portfolio by 2025 as part of a strategy announced earlier this year. The strategy would see BP with 50 GW in renewable capacity by 2030—a goal that chief executive Bernard Looney has argued was both realistic and achievable. The company already has 20 GW of capacity under development, according to its executive vice president of gas and low-carbon energy, Dev Sanyal. Finished projects, however, are only about 2.5 GW. Most of the capacity in the pipeline is solar, accounting…

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