MELBOURNE: Royal Dutch Shell has made its first foray into Australia’s highly competitive power sector with a A$617 million ($419 million) takeover offer for ERM Power Ltd, the country’s no.2 energy retailer to businesses and industry. The deal would instantly give Shell a power supplier with almost a quarter share of the commercial and industrial […]
SHELL USES SOLAR ENERGY TO HELP POWER LUBRICANT PLANTS IN EUROPE AND ASIA
Shell is installing solar photovoltaic panels on the roofs of seven lubricant plants in India, China, Italy, Singapore and Switzerland. Combined, the panels are expected to generate over 7,500 MWh of electricity annually and can result in the avoidance of greenhouse gas (GHG) emissions of approximately 4,500 tonnes on a CO2-equivalent basis per year, equivalent […]
AECOM to Deliver 200 Ultrafast Fast Electric Vehicle Chargers for Shell
LEUVEN, Belgium: Global infrastructure services firm AECOM has been appointed by Shell Retail to deliver ultrafast electrical vehicle (EV) 150kW fast chargers across the Netherlands. Allowing more people to charge their cars on the go, a total of 200 fast chargers – under the brand name Shell Recharge – will be available on Shell forecourts. […]
Shell Aims To Beat Power Utilities At Their Own Game
Demand for electricity is set to soar as Asian economies grow and electric vehicles replace petrol cars. Shell is under pressure to shed the Oil Majors’ century-old business model and position itself for a future with lower use of fossil fuels. Royal Dutch Shell wants to build a power business more profitable than the competitive […]
A Facebook First: Tech Giant Invests Directly in a Renewable Project
Analysts say the social media company’s tax-equity investment in a 379-megawatt solar project in Texas could be a sign of deals to come in the corporate renewables market. Facebook announced Thursday it has finalized an agreement to provide tax-equity financing for a 379-megawatt solar project developed by Longroad Energy Partners in West Texas. It’s the […]
Shell, Statkraft join race for Continuum
Both firms and CLP India have been shortlisted for next round Morgan Stanley Infrastructure Partners had invested $212 million in India-focused Continuum Wind Global energy major Royal Dutch Shell and Norway’s state utility Statkraft have joined the race to buy Morgan Stanley Infrastructure Partners-owned wind energy platform Continuum Wind Energy, two people aware of the […]
SOHAR joins forces with Shell and Al Tamman Indsil to facilitate the first large-scale solar power plant in Oman
In a significant effort to tap into the Sultanate’s renewable energy potential, SOHAR Port and Freezone recently entered into a land lease agreement with Shell Development Oman (SDO). This agreement means that businesses in the SOHAR Freezone could be powered by solar photovoltaic (PV) projects instead of gas. On April 18, 2019, H.E. Laetitia van […]
Making Sense of Shell’s New Energies Business: Smart Home Offerings Now on the Menu
On this week’s Interchange podcast: We talk with Brian Davis, Shell’s VP of energy solutions, about the supermajor’s plans for the future. Global energy giants have been on a distributed energy acquisition spree over the last few years. With the formation of its New Energies unit in 2016, Shell is leading the oil and gas […]
Shell invests in electric car charging, reforestation globally with $300 million investment
THE HAGUE: Shell has announced a program to invest in natural ecosystems as part of its strategy to act on global climate change, including addressing carbon dioxide (CO2) emissions generated by customers when using its products. Shell plans to invest $300 million over the next three years. This program will contribute to Shell’s three-year target, […]
Shell Acquires Greenlots to Lead North American EV Charging Push
The Los Angeles startup found a well-capitalized backer for its charging network software platform. Shell New Energies, a subsidiary of oil major Royal Dutch Shell, acquired EV charging startup Greenlots, claiming a bigger stake in the emerging electric mobility marketplace. Greenlots will keep its brand and leadership, and will become the “foundation” of Shell’s electric […]