BP considers buying control of solar power JV Lightsource BP, Reuters says

BP is considering buying the remaining 50% stake in Lightsource BP, its solar power joint venture, as part of the British giant’s drive to build up its renewable energy capacity, Reuters’ Ron Bousso reports, citing three industry and company sources. The internal talks come after Chief Executive Officer Bernard Looney last month slowed down BP’s shift away from oil and gas but still vowed to increase spending on renewables and low-carbon fuels by $8 billion by 2030, the author notes. Reference Link