Home Tag "SHELL"

Shell New Energies EVP: Hydrogen Subsidies Will Pay Off, Just Like They Did for Solar

Shell’s Mark Gainsborough on renewables, hydrogen and bringing together the oil giant’s burgeoning family of clean-energy businesses. PARIS : Shell expects its filling stations to eventually become fossil-fuel-free. But getting there will require major changes, and in the energy business, change often means subsidies. So it is with hydrogen, says Mark Gainsborough, executive vice president […]

Shell invests in African microgrid developer PowerGen Renewable Energy

PowerGen Renewable Energy (PowerGen), a company that develops, manages and supports micro-utilities in Africa, announced that it received Series B investment from Shell New Energies, as well as Omidyar Network, Acumen, Renewable Energy Performance Platform (REPP), EDFI ElectriFI, Sumitomo Corporation, DOB Equity, and Micro-grid Catalytic Capital Partners (MCCP). The company said the funds will strengthen […]

Shell Acquires Renewables-Only Power Retailer in UK

Oil major buys Hudson Energy, which supplies 200,000 households with power from renewable PPAs. Oil major Shell acquired another customer-facing electricity and gas provider in the U.K., potentially bolstering its green credentials and renewables procurement expertise in the country. The deal for Hudson Energy, which trades as Green Star Energy, will add 200,000 new customers […]