- Statoil (STO) announces its first investment in solar power technology, as it steps up efforts to gradually complement its petroleum portfolio with renewable assets.
- Oxford PV, a solar tech company, says in a separate statement that it received investments totaling £8.1M ($10.33M) from three investors including Statoil.
- The head of STO's New Energy Solutions unit says the company will consider making bigger investments in solar projects or farms.