BP Solar Expects to Add 100 MW in U.S. in 2009
The head of BP Solar International says his firm will install 100 megawatts of utility-level solar power projects on U.S. soil in 2009.
Reyad Fezzani told Dow Jones in an interview published Monday that his company, a subsidiary of energy giant BP PLC, is seeing high demand, and strong financing interest from investors. BP expects to manufacture 320 MW of solar panels in 2009, roughly double the amount it made in 2008. That will be split about 60/40 between large commericial and utility installations and residential sales, Fezzani said. That equates to about 192 MW of large scale installations, with 100 MW of that in the U.S., he said.
