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Equinor and BP part ways on US offshore wind and split 4.6GW project portfolio

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Equinor and BP part ways on US offshore wind and split 4.6GW project portfolio | Windpower Monthly

Equinor and BP part ways on US offshore wind and split 4.6GW project portfolio

Oil majors Equinor and BP have agreed to end their partnership on four large US offshore wind projects and take exclusive control of two apiece.

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Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

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