LONDON, April 1 BP (BP.L) on Wednesday said it
would cut 620 jobs from its solar power business and that two
plants in Spain and part of a plant in the U.S. would be shut as
it looks to reduce costs at its renewable energy division.
BP said two assembly plants near Madrid, Spain, would be
shut with the loss of 480 jobs, while the module assembly
section of its Frederick facility in Maryland, U.S. would also
close down with a further 140 redundancies.
"The job cuts reflect the cost of operating solar
manufacturing in the more industrialised nations," a BP
BP, whose Solar business employs 2,200 people worldwide, did
not give a timescale for the closures.
Royal Dutch Shell (RDSa.L) last month said it would cut back
investments in green energy and had no plans to make large
investments in wind or solar energy in the future.
Environmental campaign group Greenpeace said the job cuts
represented "a huge leap backwards" and that the move showed BP
"couldn't care about climate change".
(Reporting by Rhys Jones; editing by Elaine Hardcastle)