Worshipping The Sun
Posted by Big Gav
TreeHugger recently had a post up on BP's solar division becoming profitable this year. BP seem to be a step or two ahead of most oil companies in adapting to oil depletion.
BP Global, formerly known as British Petroleum, has been trying to distance itself from its old name and image, even going as far as to say that "BP" now stands for "Beyond Petroleum". How much of this is greenwashing and empty PR coming from the #2 corporation after WalMart? Probably most of it, but still, their solar division is one of the largest solar companies in the world, employs 2000 people in at least 4 countries and – best of all – was profitable in 2004. That's good news for the solar industry which, as a whole, has grown 40% last year.
The Sun is still a small player compared to dead-dinosaurs & co, and BP says that solar probably won't have an impact on climate changes before 2020 (not sure that means much coming from them, or that they can be sure of anything - although they must know a fair bit about global warming, being one of the premier carbon pushers around), but now that they are making money with el sol, the pace should quicken and new players should be tempted to toss their hat in the solar ring (said the optimist - the pessimist is reading this).
Elsewhere in the world of solar power, the SF Chronicle reports on the increasing use of solar power in California.
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