British oil and gas company BP is pivoting back to fossil fuels and divesting its onshore wind energy business in the U.S. after its efforts to go green seemingly fell short. According to the fossil fuel multinational, it has entered a deal to sell its share of the 10 onshore wind farms it owns in the U.S. to LS Power, a utility-scale electric transmission operator based in New York. The farms collectively generate enough clean wind energy to power over half a million American homes.
The shifting policy direction in the U.S. has also put other players in the clean energy field like Mullen Automotive Inc. (NASDAQ: MULN) in a more challenging position in their bid to lure more motorists to…
NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN
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