While BP may be best known for their oil exploration and destruction of the Gulf of Mexico, the conglomerate also has a company focused on solar power called BP Alternative Energy or BP Solar. BP Solar was created to design, manufacture and market solar energy products as well as “provide solar energy solutions” for residential, commercial, industrial and utility sectors. Stepping up their production of renewable energy, BP Solar has just signed an agreement with JA Solar Holdings Co. – a collaboration which will give way to the world’s largest manufacturer of solar products, providing more than 185MW of mono-crystalline and multi-crystalline solar cells in 2010 and through 2011.
The deal with JA Solar will give BP Solar more than 100 MW in the first quarter of 2011, with JA supplying the other 85 MW during the last quarter of 2010. In a statement released by JA Solar’s, CEO Dr. Peng Fang said, “We have been working with BP Solar, which has [had] its headquarters in San Francisco, since 2008 and we are very pleased to extend our relationship, as they are one of the world’s largest integrated solar energy companies.”
Whether the name ‘BP’ together with ‘renewable energy’ will ever find its way into everyday conversation remains to be seen, but it’s good to know that the oil giant is at least attempting to diversify.