Shell

BP Acquires 9 GW Solar Portfolio in the U.S.

British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […]

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Net-Zero Emissions in India Possible by 2050, but Challenging: Report

A new report has assessed India’s technology & policy options if it were to accelerate its transition to a net-zero emissions system by 2050 To reach a net-zero emissions energy system by 2050, India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale. It requires more and faster […]

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Amazon Announces its Largest Single Renewable Energy Project

Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […]

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Silicon Ranch Closes $225 Million Equity Raise with Existing Shareholders

Silicon Ranch Corporation, the U.S. solar platform for Shell and one of the nation’s largest independent power producers, has closed an investment round that attracted $225 million in new equity capital. The round was funded entirely by existing Silicon Ranch shareholders, which include Shell and institutional investors TD Greystone Infrastructure Fund (Global Master) L.P., managed by TD […]

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CIP Acquires 350 MW Solar Project in Texas; Shell to Purchase Power

SPDI and Avondale Solar have completed the sale of the 350 MW ac Fighting Jays Solar PV project in Texas to an affiliate of CIP. Solar Plus Development Inc (SPDI), a subsidiary of Plus Renewable Technologies and Avondale Solar on July 22, 2020, completed the sale of the 350 MW ac Fighting Jays Solar PV project in Fort […]

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Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA

While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […]

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Orb Energy Hires Rabindra Satpathy as Exec VP – Business Development

Shell-backed solar power firm Orb Energy has appointed Rabindra Satpathy as its Executive Vice President – Business Development. Now, Satpathy will oversee the Bengaluru-based company’s business development in ground-mounted solar power plants, including storage, floating solar and other new projects. He brings with him more than 35 years of solar experience in design, engineering, product […]

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Shell, Eneco to Enter Dutch Tender for 759 MW Offshore Wind Project

Through their JV with CrossWind, Shell and Eneco will be participating in the tender for the 759 MW Hollandse Kust (Noord) offshore wind farm. Shell Nederland, a subsidiary of the Royal Dutch Shell, has announced its plans to create a green hydrogen hub in the port of Rotterdam in the Netherlands. The firm aims to […]

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3 Startups With Solar, Storage Tech Selected for GameChanger Accelerator

The Shell GameChanger Accelerator Powered by NREL has announced 3 new startups involved in solar and storage technologies are to participate in the program The Shell GameChanger Accelerator Powered by NREL (GCxN) has announced three new startups to participate in the program following a multistage competitive evaluation. GCxN provides promising cleantech startups with technical resources […]

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