BP Amoco 'Goes Solar' at Service Stations
Around the World


BP Amoco announced that around 200 of its service stations world-wide are to incorporate solar power - the largest single project of its kind ever undertaken.

Solar electricity will help meet the power needs of all new service stations to be built in the UK, Australia, Germany, Austria, Switzerland, the Netherlands, Japan, Portugal and Spain. Solar installations will also be incorporated into prototype sites in France and the US as part of an extended pilot programme.

The first phase of the two-year programme will see up to 400 solar panels installed on each canopy at some 200 service stations across eleven countries in a $50 million, 3.5 megawatt project, saving around 3,500 tonnes of CO2 emissions every year. As a result of this project, BP Amoco will become one of the world's largest users of solar power. It is already one of the world's largest manufacturers of solar cells and modules.

The level of power generated will vary from site to site. But at each, the solar panels on the canopy above the pumps will generate more clean energy than is consumed by the site's lighting needs and the power requirements of the pumps below. The installations, which will be connected to the local electricity networks, will allow any excess electricity to be exported during the day and the shortfall imported at night.

The announcement follows a successful pilot programme at 19 sites in Europe, Australia, Malaysia and the US.

"Our own use of solar power is an example of BP Amoco's commitment to tackling the issue of climate change," says BP Amoco chief executive Sir John Browne. "Not only will BP Amoco be one of the largest producers of solar photovoltaic cells in the world, but it will also be one of the largest single users of solar power.

"By installing solar panels at such a large number of sites across the world we will also learn and add to expertise in handling issues of grid connection, contribute to the standardisation of equipment and drive down costs for all of our solar customers."

BP Amoco managing director Chris Gibson Smith and Patrick Lambert, head of the renewable sources of energy unit at the European Union celebrated the launch of the project by switching on the solar installation at the company's latest 'solar station' at Perivale, West London. "This shows how simple it is to use solar power", said Chris Gibson Smith. "It's quiet, reliable and ideal for generating clean electricity for our homes, factories and offices. It's also especially suited to urban environments."

"We enthusiastically welcome this project which is very much in line with and supports the EU's strategy to increase significantly the role of renewable energy sources," said Patrick Lambert. "It will make an important and timely contribution to the Campaign for Take-off designed to accelerate the take up of key renewable energy technologies in the early years of our strategy."

A 40kW solar system will also be installed at three new office buildings as part of the redevelopment of BP's site at Sunbury, UK. BP is also sponsoring rural solar electricity projects in Africa and South America.

- The solar installation at each site will have a maximum power output of 20kWp - more than eight times the size of a domestic system supplying the electricity needs of an energy-efficient home. The amount of electricity generated will vary from site to site, but on average each solar installation will provide the equivalent of enough power to run 55 television sets for five hours a day, every day of the year.

- BP Amoco is the world's leading solar energy company. It recently announced that it had invested a further $45 million in solar power with the purchase of the 50 per cent share of Solarex which it did not already own. The new company, BP Solarex, will build on the current business activities of Solarex and BP Solar. It has manufacturing sites in four countries and a combined turnover of more than $150 million. The deal, which is subject to regulatory approval, is expected to be completed by the end of April.

- BP Amoco is one of the world's leading marketers of petroleum products. There are 17,900 BP-branded retail sites throughout the world, of which 6,500 are owned by the company. In the US there is a network of 9,300 of Amoco-branded retail stations. The target countries have been chosen for a number of reasons, including the ease of connecting to the national electricity transmission systems, industry infrastructure and light levels.

- BP Amoco is committed to addressing the issues of global climate change. It has recently announced a pilot emissions trading programme and has set a target to reduce its global greenhouse gas emissions by 10 per cent below 1990 baseline levels by 2010. In February it announced the provision of ultra-low sulphur diesel at service stations throughout the UK and a 'clean cities' programme to supply a range of cleaner fuels to 40 cities throughout the world.

- Solar energy is clean, quiet, reliable and the most appropriate renewable energy for urban environments. Each kilowatt of solar power installed saves the equivalent of one tonne of CO2 emissions a year.

More information can be found on the "Plug In The Sun" website at http://www.bpamoco.com/pluginthesun

BP AMOCO INVESTS $45 MILLION IN SOLAREX
STAKE TO CREATE WORLD'S BIGGEST SOLAR COMPANY

BP Amoco stepped up investment in its growing solar energy business with an announcement that it is to buy the 50 per cent stake it did not already own in Solarex, one of the world's leading solar companies in the US, for $45 million.

The buyout of what was previously a 50:50 joint venture between Amoco and Enron will create the largest solar company in the world.

The integrated company will be called BP Solarex and will build on the current business activities of Solarex and BP Solar. It will have annual revenues of more than $150 million, representing a 20 per cent share of the global market. It will have manufacturing operations in four countries — the USA, Spain, Australia and India, producing around 30 megawatts of solar products each year.

BP Solarex will have prime positions in leading-edge solar technology, most notably the new generation of thin films, as well as offering the world's broadest product range in crystalline silicon.

BP Amoco chief executive Sir John Browne said: "BP Amoco already has a strong track record in solar, with leadership technology in key areas. This acquisition is another significant step towards our target of building a $1 billion solar business over the next decade.

"Our investment is part of BP Amoco's wider aim of making solar an increasingly larger contributor to the energy mix of the 21st century, in line with our determination to offer our customers progressively cleaner fuels with a diminishing impact on the natural environment," Browne said.

BP Amoco recently unveiled plans to make cleaner, greener fuels available in more than 40 of the world's major cities most troubled by pollution and smog. It has also targeted a 10 per cent reduction from a 1990 baseline in greenhouse gas emissions from BP Amoco's own operations by the year 2010.

The integrated BP Solarex company will be headquartered in Frederick, Maryland, USA. It will be headed by Harry Shimp, who was recently appointed president and chief executive of Solarex, and its chairman will be Steve Gates, executive vice president and chief of staff of BP Amoco.

The acquisition from Enron, which is subject to a number of regulatory and other approvals, is expected to be completed by the end of April.

Notes to Editors:

- The deal follows the merger of BP and Amoco which was completed on December 31, 1998.

- Solarex was formed in 1973 and has been a joint venture between Amoco and Enron since 1995. It has grown to become a leading global manufacturer of polycrystalline cells and modules with a turnover of $58 million in 1998. Headquartered in Frederick, Maryland, USA, Solarex employs over 600 staff world wide. It has manufacturing sites in Maryland, Virginia and Australia, and sales and marketing offices in seven countries. Major recent projects include a $30 million contract in Indonesia for one of the world's largest rural electrification projects, and a partnership in Japan with MSK Corporation and Misawa Homes which targets the residential market.

- BP's solar division, BP Solar, was established in 1981 and had a 1998 turnover of $95million. It has manufacturing bases in Australia, India, Spain and California, producing 13.2MW a year. It is currently based in Sunbury, England and has some 900 employees worldwide. Major recent projects include the supply of solar panels to the athletes village for the 2000 Olympics in Sydney, Australia and a $30 million project to supply solar power to some 400 remote villages in the Philippines.