BP in biggest green power swoop yet as oil giant buys massive American solar pipeline

Oil supermajor BP made its biggest single move yet to add renewable energy capacity as it swooped for a 9GW portfolio of US solar projects.

BP will pay independent group 7X Energy $220m for the under-development projects, in a move that instantly propels the oil & gas group’s renewables pipeline to 23GW.

UK-based BP is chasing a 50GW net renewables development goal by 2030 that is among the most ambitious of any fossil group globally, and an interim 20GW by 2025, with a focus so far on solar and offshore wind.