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BP to cut renewable energy targets

Report: BP to drop renewable energy goals in favor of fossil fuels

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports. The goal measured growth from 2019 figures.

Fast Company · 1d

BP to drop renewables goals and shift focus back to fossil fuels

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity 20-fold between 2019 and 2030 to 50 gigawatts.

GlobalData on MSN · 14h

BP to cut renewable energy targets and focus on fossil fuels

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a 20-fold increase.

India, Madhya Pradesh and renewable energy

Reuters on MSN · 1d

India's NTPC plans to invest more than $23 billion on renewable energy in Madhya Pradesh

Indian state power company NTPC will invest more than 2 trillion rupees ($23.07 billion) on renewable energy projects in the central state of Madhya Pradesh, the company said on Monday.

MoneyWeek · 6d

Renewable energy investing: who is paying for the green revolution?

The entire market capitalisation of the 20 renewable energy infrastructure funds (REIFs) listed in the UK has now fallen to just £10 billion. Over the last two years, existing investors have seen a terrible return on their capital, and hardly any new money has been raised as markets have questioned the economics of the REIFs.

GlobalData on MSN · 19h

Avaada signs MoU to boost renewable energy in Madhya Pradesh, India

The collaboration aligns with Madhya Pradesh’s long-term vision of leveraging its natural resources for sustainable development.

MIT Technology Review9h

Turning a seaweed crisis into an energy opportunity

What happened next was pure serendipity. One of Henry’s undergraduates, Brittney McKenzie, commuted to the lab every day past ...

37m

Micromax makes foray into renewable energy space with Startup Energy

Home-grown consumer electronics brand Micromax Informatics on Wednesday announced its foray into renewable energy segment ...

Energy Live News21h

Renewable energy market trends

Renewable power generation increased to 115.7TWh, up from 107.9TWh in 2023, and equated to just 30% back in 2018. This ...

E&E13h

Renewable energy advocates woo MAGA loyalists

Renewable energy advocates are working to position themselves as part of President Donald Trump’s energy agenda — including ...

Renewable energy ambitions in northern Colombia collide with Indigenous worries

CABO DE LA VELA, Colombia — Giant wind turbines tower over a cemetery sacred to Zoyla Velasquez and her Indigenous Wayuu ...

13d

Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid

Federal regulators approved a proposal from the nation’s largest grid operator that will give primacy to 50 new power plants, ...

Govt must double renewable capacity additions to meet 2030 energy targets

India must double its annual solar and wind capacity additions over the next five years to meet its 2030 clean-energy targets ...

12h

Quebec pension fund manager to buy Innergex Renewable Energy in deal valued at $10 billion

Quebec pension fund manager CDPQ has signed a deal to buy Innergex Renewable Energy Inc. in an agreement that values the ...

Samaa32m

Solar solutions provider itel Energy participates in Pakistan Sustainability Week 2025

Solar energy company itel Energy showcases products and service commitments at Lahore sustainability exhibition, highlighting ...

Hosted on MSN3d

The Impact of Renewable Energy on the US Economy

Introduction to Renewable Energy Renewable energy is not a new concept, but its impact on the US economy is more significant ...

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BP to cut renewable energy targets

India, Madhya Pradesh and renewable energy

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