Shell USA, best known for its gasoline fill-up stations, is acquiring electric vehicle charging network Volta through a full cash purchase of all its common stock. The transaction, worth $169 million, is set to close in the first half of 2023. Volta is the second US EV charging company to come under the Shell brand […]
Shell unit to acquire EV charging firm Volta for about $169 million – EQ Mag
Volta Inc said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle (EV) charging network operator in an all-cash deal valued at about $169 million. Shell USA Inc will acquire all outstanding shares of Class A common stock of Volta for 86 cents apiece in cash in a deal that is […]
Adani Green, Torrent, Shell, Actis in race for KKR’s energy InvIT – EQ Mag
About half a dozen domestic and global energy developers, including , Shell and Actis, are looking to acquire Virescent Renewable Energy Trust, an infrastructure investment trust (InvIT) owned by KKR India, for an enterprise value of $550million (₹4,500 crore), sources said. The trust has a portfolio of 16 operational solar power projects, aggregating to 538 […]
Shell, Eneco JV wins offshore wind tender for site VI of Hollandse Kust West – EQ Mag
Ecowende, the joint venture between oil and gas major Shell Plc (AMS:SHELL) and utility Eneco, has won the right to build a 760-MW offshore wind park at Hollandse Kust West (HKW) lot VI in Dutch waters, the partners announced on Thursday. Shell and Eneco said in a joint statement that they have already taken the […]
Octopus signs PPA with Shell to offtake energy from ‘world’s largest offshore wind farm’ – EQ Mag
Octopus Energy has signed a power purchase agreement (PPA) with Shell to receive green energy from the “world’s largest offshore wind farm”, it said. Being developed off the North East coast of England, Dogger Bank is the fruition of a joint venture consisting of SSE Renewables (40%), Equinor (40%) and Vårgrønn (20%). Once completed in […]
Shell JV unveils plan for “one of the biggest” big batteries in NSW – EQ Mag Pro
A joint venture between Ampyr Energy and global oil giant Shell will develop one of the biggest batteries yet proposed for New South Wales; a 500MW/1,000MWh facility that will be used to “smooth the grid” in the state’s Central West. Ampyr Australia, the local arm of Singapore-based outfit Ampyr Energy says it has agreed with […]
Daystar Power to be acquired by Shell – EQ Mag Pro
LAGOS, Nigeria : Daystar Power, a West African provider of hybrid solar power solutions to commercial and industrial (C&I) businesses, today announced its acquisition by Shell. Shell will acquire Daystar Power, which is subject to regulatory approvals, to deliver carbon emission reductions and power cost savings to C&I businesses across Africa. Daystar Power’s co-founders and […]
Shell to set up 10,000 EV charging stations in India by 2030 – EQ Mag OPro
Energy giant Shell is planning to install 10,000 EV charging stations in India by 2030. On Thursday, the company launched its EV chargers in the Indian market for two-wheeler and four-wheeler segments in Bengaluru. “The company plans to set up more than 10,000 charging points across India by 2030 and aims to provide safe, green, […]
Shell to roll out 10,000 chargers for 2 & 3 wheelers in India – EQ Mag Pro
Shell plans to set up more than 10,000 charging points across India by 2030. The company has launched its first EV chargers in India for the four-wheeler and two-wheeler segments in Bengaluru. India is the first market for Shell to launch chargers for two-wheelers. Shell says it will provide customised charging solutions at “on-the-go locations”. […]
IISc, Shell Sign Pact To Promote R&D In Energy, Environment – EQ Mag Pro
IISc and Shell India have entered into a partnership to promote research and development in the areas of energy and environment Bengaluru : Indian Institute of Science (IISc) and Shell India have entered into a partnership to promote research and development in the areas of energy and environment. The partnership seeks to build on cutting-edge […]