BP Explores Buying Solar Energy to Power Operations in the U.S.

BP Plc may become the next oil giant to power operations with clean energy.

The London-based company is in talks with a solar developer it partially owns, Lightsource BP, to buy power in the U.S., according to executives at the renewable company. A contract may be signed within six months, Lightsource BP Chief Commercial Officer Katherine Ryzhaya said.

“It’s a no brainer for them to play in solar,” Ryzhaya said in an interview Tuesday at Infocast’s Solar Power Finance & Investment Summit in San Diego. “They’re doing it for financial reasons.”

BP didn’t immediately respond to a request for comment. ...