BP Amoco invests $45 million in solarex stake to create world's biggest solar company

  • 06/04/1999

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