Developer

BP Alternative Energy Holdings Ltd

www.bp.com

Total capacity of implemented projects

1 - 5 GW

Countries of projects presence

1

BP Alternative Energy Holdings Ltd is a UK-based company that specializes in developing renewable energy projects in various sectors such as carbon capture and storage, financial services and banking, solar, and wind. The company is a subsidiary of BP, one of the world's largest oil and gas companies, and was established in 2005 to focus on alternative energy sources.

Carbon Capture and Storage

One of the primary sectors in which BP Alternative Energy Holdings Ltd operates is carbon capture and storage (CCS). The company is involved in several CCS projects worldwide, aimed at reducing carbon dioxide emissions from power plants and other industrial facilities. CCS involves capturing carbon dioxide emissions from power plants and other industrial sources, transporting them to a storage site, and storing them underground.

BP Alternative Energy Holdings Ltd is involved in several CCS projects, including the Peterhead CCS project in Scotland. The project involves capturing carbon dioxide emissions from a gas-fired power plant and transporting them to a storage site in the North Sea. The project is expected to reduce carbon dioxide emissions by around one million tonnes per year.

The company is also involved in the Quest CCS project in Canada, which involves capturing carbon dioxide emissions from an oil sands facility and storing them underground. The project is expected to reduce carbon dioxide emissions by around one million tonnes per year.

Financial Services and Banking

BP Alternative Energy Holdings Ltd is also involved in the financial services and banking sector, providing financing and investment opportunities for renewable energy projects. The company works with banks and financial institutions to provide funding for renewable energy projects, including solar and wind projects.

The company also provides financial services to renewable energy companies, including project financing, debt financing, and equity financing. The company's financial services division is focused on providing innovative financing solutions for renewable energy projects, including green bonds and other sustainable finance instruments.

Solar

BP Alternative Energy Holdings Ltd is also involved in the solar sector, developing solar projects worldwide. The company is focused on developing utility-scale solar projects, which involve building large-scale solar power plants that can generate electricity for thousands of households.

The company is involved in several solar projects worldwide, including the Bungala Solar Project in Australia. The project involves building two large-scale solar power plants with a combined capacity of 275 MW. The project is expected to generate enough electricity to power around 82,000 households.

The company is also involved in the Solar Energy Corporation of India's (SECI) National Solar Mission, which aims to install 100 GW of solar capacity in India by 2022. BP Alternative Energy Holdings Ltd is one of the companies selected by SECI to develop solar projects in India.

Wind

BP Alternative Energy Holdings Ltd is also involved in the wind sector, developing wind projects worldwide. The company is focused on developing utility-scale wind projects, which involve building large-scale wind farms that can generate electricity for thousands of households.

The company is involved in several wind projects worldwide, including the Cedar Creek II Wind Farm in the United States. The project involves building a 241 MW wind farm that can generate enough electricity to power around 70,000 households.

The company is also involved in the London Array offshore wind farm in the United Kingdom, which is one of the largest offshore wind farms in the world. The project involves building 175 wind turbines with a combined capacity of 630 MW, which can generate enough electricity to power around 500,000 households.

Conclusion

BP Alternative Energy Holdings Ltd is a UK-based company that specializes in developing renewable energy projects in various sectors such as carbon capture and storage, financial services and banking, solar, and wind. The company is a subsidiary of BP, one of the world's largest oil and gas companies, and was established in 2005 to focus on alternative energy sources.

The company is involved in several renewable energy projects worldwide, including carbon capture and storage projects, solar projects, and wind projects. The company is focused on developing large-scale utility projects that can generate electricity for thousands of households.

Overall, BP Alternative Energy Holdings Ltd is committed to developing renewable energy projects that can help reduce carbon dioxide emissions and provide sustainable energy solutions for future generations.