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Shell to acquire Indian solar developer for $1.55 billion Shell has signed an agreement to acquire Solenergi Power, an Actis company that owns 100% of Indian developer Sprng Energy. The transaction, valued at $1.55 billion, is expected to close later this year.
Uma Gupta
May 02, 2022
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Shell moves to acquire German storage business Sonnen In May, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
Sandra Enkhardt
Feb 15, 2019
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Shell readies for energy transition, reports low risk of stranded assets Coming hot on the heels of its Sky report, which envisaged a very strong role for renewables, particularly solar, well before 2050, the Anglo-Dutch company has now released a new report on a strategy for the energy transition, seeking to reshape itself and contribute to society’s shift away from fossil fuels towards the objectives of the Paris Agreement.
Marija Maisch
Apr 12, 2018
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Dutch pension fund and Shell eye acquisition of energy company Eneco PGGM and Shell have expressed interest in acquiring sustainable energy company Eneco, a municipality owned business which wants to go private. The energy provider has installed 100 MW of PV and operates in northwest Europe.
Marian Willuhn
Jan 17, 2019
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Shell to acquire 44% stake in US solar developer Silicon Ranch The pioneering US solar developer will now be backed by Europe’s largest oil and gas company.
Christian Roselund
Jan 16, 2018
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Shell, Sumitomo invest in LO3 Energy to develop blockchain-based community microgrids Two corporate heavyweights have announced investments in the New York-based developer and operator of peer-to-peer energy platforms. The funding will allow LO3 to scale its blockchain-based community energy networks worldwide.
Marija Maisch
Jul 11, 2019
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Shell acquires Next Kraftwerke Through the operation, Shell wants to consolidate its position in the virtual power plant market.
Emiliano Bellini
Feb 25, 2021
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Shell to purchase 100 MW UK portfolio from Anesco Shell will purchase four planned PV projects totaling 100 MW in various locations across northern England. It says it will seek offtakers for the projects through its power trading team and sees strong demand in the corporate power purchase agreement sector.
Mark Hutchins
Aug 10, 2022
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Solar to power Ukrainian community’s water utility  A village in eastern Ukraine has received a donated solar-plus-storage system to secure water access amid ongoing attacks on energy infrastructure.
Patrick Jowett
Aug 25, 2025
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Chinese scientists build 10.48 cm2 kesterite solar module with 10.1% efficiency The efficiency result was confirmed by the U.S. National Renewable Energy Laboratory. The module was fabricated with 13.4%-efficient kesterite cells designed with high film porosity and uniformity.
Emiliano Bellini
Sep 18, 2025
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