Monday, April 15, 2013

BP aims to shed wind energy assets to focus on fossil-fuels

 British Petroleum (BP) has announced plans to sell all of its wind energy assets in the U.S.  

Wind assets account for 4.6GW of capacity ????

BP currently has stake in some 16 wind farms located throughout the U.S., as well as several other wind energy projects that are still in a development stage. Together, these assets account for more than 4,600 megawatts ofwind energy capacity. BP is looking to sell these assets as part of a re-positioning effort, hoping to adjust its focus to energies it considers more viable to the current economic status of the U.S. and the demands of the market.[Hydrogen fuel News]

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