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BP's Joint Venture With EnBW Unaffected Amid Renewables Scale-Down

November 20, 2024
BP's joint venture with EnBW, a German energy company, will not be impacted by BP's decision to reduce its investments in renewables. Despite scaling down its renewable energy projects, BP remains committed to its partnership with EnBW, which focuses on offshore wind farms in the German North Sea. The joint venture aims to develop and operate wind projects with a total capacity of 2.5 gigawatts by 2030. While BP's overall renewable energy investments may decrease, its collaboration with EnBW demonstrates the company's continued dedication to offshore wind energy.
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