Shell New Energies media releases
This is an archive of news releases about Shell New Energies.
November 7, 2019
Shell’s investment will support d.light in its next phase of continued profitable growth as it positively impacts millions of customers, while giving several early investors a successful exit.
Shell agrees to acquire EOLFI, boosting its floating wind capabilities and expanding its renewable power business
November 5, 2019
Shell has signed an agreement to buy 100% of EOLFI, a French renewable energy developer specialised in floating wind projects.
November 4, 2019
PowerGen Renewable Energy, a leader in micro-utilities in Africa – managing mini-grids and providing customer support – has signed a Series B investment with funding from Shell and others. The funding will strengthen PowerGen’s position in its core African markets and help it expand into new ones, as the demandfor reliable electricity in Africa continues to grow.
October 30, 2019
Mayflower Wind Energy a joint venture of Shell and EDPR Offshore North America has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from offshore wind to the electricity customers within the state, enough to power approximately half a million homes.
October 10, 2019
The winner of the 2019 Award for Leadership in New Energy is energy company Royal Dutch Shell, which stands out from its peers with bold investments and ambitious targets to transition its business model and provide leadership in the clean energy economy.
October 8, 2019
Shell Energy Retail will acquire 100% of Hudson Energy, which supplies around 200,000 UK residential customers with gas and electricity. The deal is subject to regulatory approvals and is expected to complete by the end of 2019.
October 3, 2019
Shell’s New Energies business has acquired an almost 20% stake in Orb Energy, a leading provider of solar energy solutions in India. The fresh investment will help more Indian SMEs – a largely underserved part of the market – benefit from lower-cost solar power.
Oct 01, 2019
London, UK - Shell UK and PassivSystems are pleased to announce the launch of B-Snug, a smart hybrid heating system for British homeowners.
September 4, 2019
Asperitas has closed a funding round with participation from Shell Ventures and the Participation Fund for Sustainable Economy North Holland (PDENH). The investment, led by Shell Ventures, supports the acceleration of Asperitas’ mission to enable sustainable datacentres on a global scale.
Aug 22, 2019
Shell Energy Australia Pty Ltd (Shell), a subsidiary of Royal Dutch Shell plc, has today entered into a Scheme Implementation Deed to acquire 100% of the shares in ERM Power (ERM), a leading commercial and industrial (C&I) electricity retailer in Australia, for $AUD 617 million less dividend adjustments payable by ERM.
Aug 12, 2019
Corvus Energy announced major investment from Shell Ventures to support the global development of its maritime energy storage solutions.
Aug 5, 2019
Shell will install a solar photovoltaic (PV) power generation system, with a combined peak capacity of around 3 megawatts at three of its manufacturing and logistics sites in Tuas, Jurong Island and Pandan.
July 19, 2019
SteamaCo, a UK-based technology supplier to utilities in Africa and Asia, announces its $5m Series B equity financing. This latest round of funding supports the company's continued technology development and growth, enabling reliable electricity services for hundreds of thousands of previously underserved people across 10 countries.
Shell and Sumitomo Corporation invest in LO3 Energy to develop blockchain-based community energy platform
July 10, 2019
LO3 Energy announced major investments from corporate giants Shell Ventures and Sumitomo Corporation Group to support the global development of its blockchain based community energy networks.
July 9, 2019
Maniv Mobility, an Israel-based venture capitalist firm, announced it has closed a new $100 million fund backed by 12 corporations, including the venture arms of Aptiv, BMW, Hyundai, Lear Corp., LG Electronics, the Renault-Nissan-Mitsubishi Alliance, Shell and Valeo.
June 12, 2019
Sense Photonics, a company building the next generation of LiDAR and 3D sensor solutions for autonomous vehicles, announced today that they have closed a $26 million Series A funding round co-led by Acadia Woods and Congruent Ventures, with participation from Shell Ventures and a number of other investors.
May 21, 2019
Ravin.AI, an autonomous platform using artificial intelligence to inspect vehicle condition, announced today that it has completed a $4 million seed round, led by PICO Venture Partners, with participation from Shell Ventures and automotive entrepreneur Adam Draizin.
May 20, 2019
We are delighted to announce new equity investment from Shell. The round also included existing investors Schneider Electric and Better Ventures, each of which strengthened their commitment to SunFunder through a third successive investment.
- Programme linked to Net Carbon Footprint target
- Carbon-neutral driving launch in the Netherlands complements investments in new electric vehicle charge points
- Reforestation partnerships announced in the Netherlands and Spain
Apr 2, 2019
Shell New Energies invests in EcoSmart Solution, a subsidiary of Taurus Investment Holdings, a global real estate private equity investment firm. EcoSmart is an energy service provider integrating sustainable infrastructure technology in Master Planned Communities.
Mar 25, 2019
- More than 700,000 homes in Britain switched to renewable electricity overnight
- Rebrand reflects growing importance of power in Shell’s global business
Mar 13, 2019
ROTTERDAM - Consortium Witwind is excited to announce it has tendered for the construction and operation of Dutch offshore wind farms Hollandse Kust (zuid) III and IV. Witwind is a consortium with strong Dutch roots consisting of Shell, Van Oord and Eneco.
Mar 5, 2019
Shell* has completed the acquisition of sonnen, a leader in smart energy storage systems and innovative energy services for households.
sonnen is now wholly-owned subsidiary of Shell, within its New Energies division and will continue to build on its growth aspirations. sonnen will retain its brand identity and leadership team.
*Shell Overseas Investment B.V. and Shell Ventures B.V.
Shell agrees to acquire sonnen, expanding its offering of residential smart energy storage and energy services
Feb 15, 2019
Shell* has agreed to acquire 100% of sonnen, a leader in smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and means that post regulatory approval and completion sonnen will become a wholly owned subsidiary of Shell.
Dec 19, 2018
SAN DIEGO and HOUSTON (Dec. 19, 2018): EDF Renewables North America and Shell New Energies US LLC (Shell) announced today that they have formed a 50/50 joint venture, Atlantic Shores Offshore Wind, LLC to co-develop OCS-0499 lease area within the New Jersey Wind Energy Area (WEA).
Dec 14, 2018
A new Shell and EDP Renewables joint venture, Mayflower Wind Energy LLC, aims to provide cleaner energy solutions using the power of wind.