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BP PLC may become the next oil gian to power operations with clean energy

BP Plc may become the next oil giant to power operations with clean energy.

The London-based company is in talks with a solar developer it partially owns, Lightsource BP, to buy power in the U.S., according to executives at the renewable company. A contract may be signed within six months, Lightsource BP CCO Katherine Ryzhaya said.

“It’s a no brainer for them to play in solar,” Ryzhaya said in an interview Tuesday at Infocast’s Solar Power Finance & Investment Summit in San Diego. “They’re doing it for financial reasons.”

Employment Rise in UK

According to the office of National Statistic it is estimated that employment rates for both men and women have been generally increasing since early 2012. For November 2018 to January 2019, the employment rate:

  • for all people was estimated at 76.1%, the highest since comparable records began in 1971
  • for men was estimated at 80.5%; it has not been higher since December 1990 to February 1991
  • for women was estimated at 71.8%, the highest since comparable records began in 1971