"BP plans $11bn clean energy investment in Germany by 2030"

" BP plans $11bn clean energy investment in Germany by 2030 \r\n\r\nUK supermajor BP expects to invest up to $10.75 billion (10 billion euros) in low-carbon energy solutions in Germany by 2030 as it looks to accelerate EV charging and decarbonization of its refinery operations in Europe\u2019s biggest economy, a senior BP executive has told\u00a0 Reuters .\r\n\r\nBP plans to further expand its EV charging network in Germany, expand into offshore wind, decarbonize operations at its two refineries in the country, and consider a hub for importing low-carbon hydrogen, Patrick Wendeler, chairman of the board of the BP Europa SE, told Reuters.\r\n\r\nCurrently, BP offers 22,000 EV charging points and aims to have more than 100,000 worldwide by 2030. Germany, where BP\u2019s e-mobility business operates under the Aral pulse brand, is a central pillar of the supermajor\u2019s EV offering, with around 1,500 ultrafast charging points across the country today, the company\u00a0 says .\r\n\r\nBP aims to have up to 20,000 EV charging points in Germany by the end of the decade, Wendeler told Reuters.\r\n\r\nIn January this year, BP said it would evaluate the feasibility of building a new\u00a0 hydrogen hub in Germany . The project, which would be located in Wilhelmshaven, is expected to include an ammonia cracker, which could provide up to 130,000 tons of low-carbon hydrogen from green ammonia, per year, beginning in 2028.\r\n\r\n\u201cThis development would help create greater energy independence for our German customers across a range of low carbon energy products,\u201d BP\u2019s Wendeler said at the time.\r\n\r\nMore recently, BP and another supermajor, France\u2019s TotalEnergies, scooped up in July acreage for developing offshore wind capacity in Germany, winning the bidding in a landmark offshore wind tender.\r\n\r\nBP and TotalEnergies\u00a0 won all of the 7 GW \u00a0capacity on offer. BP secured leases at two North Sea sites off the coast of Helgoland with total generating potential of about 4 GW, while TotalEnergies secured the other two sites."

"BP plans $11bn clean energy investment in Germany by 2030"

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