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Page added on May 26, 2005

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Solar Power Profitability: BP Solar

For many years the benefits of solar power have been offset by the reality that solar power companies find it difficult to be profitable. Many theories have been put forth to explain this, ranging from blaming oil companies for self-perpetuation by shutting solar out of the market, the renewable nature of solar power, and bad marketing strategies on the part of solar power entities. However, BP Global, the huge energy company formerly known as British Petroleum, has announced that its solar power subsidiary, BP solar, was profitable in 2004. Though a major fossil fuel concern, BP has made a commitment to solar power



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