Renewables and Energy Solutions announcements
Read the latest news releases from our New Energies business as well as other low-carbon and renewable projects Shell is involved in around the world.
Latest news
TetraSpar Demonstrator, the world’s first fully industrialized floating offshore foundation, is now commissioned and in operation
December 02, 2021
The pioneering floating wind project, TetraSpar Demonstrator, is commissioned and in operation, anchored in place at 200 m water depth off Norway’s coast. The project will now enter its test phase where data on the performance and characteristics of the TetraSpar floating foundation will be captured and analyzed to pave the way for commercial-scale floating wind projects.
MunmuBaram secures Electricity Business License for Floating Offshore Wind project in South Korea
November 29, 2021
MunmuBaram Co., Ltd., a joint venture (JV) between Shell (80%) and CoensHexicon (20%), announced that it has secured an Electricity Business License (EBL) for its floating offshore wind project off the coast of Ulsan, South Korea. The EBL from the Ministry of Trade, Industry and Energy grants the JV exclusive development rights to progress 420-megawatt (MW) of wind energy, a third of the total planned output of 1.3-gigawatt (GW) of the project. This is the first time that Shell and CoensHexicon have received exclusive development rights for offshore wind projects in Asia.
Shell to acquire energy retailer, Powershop Australia
November 22, 2021
Shell announced it will acquire Powershop Australia, an online energy retailer serving more than 185,000 customers.
Shell partners with Simply Blue Group to develop Western Star Floating wind project
Nov 18, 2021
Shell has signed an agreement with Irish leading blue economy developer Simply Blue Group to acquire a 51% share of their Western Star venture, which seeks to develop a floating wind farm off the Clare coast in Ireland. This follows a similar agreement earlier this year to jointly develop the Emerald floating wind project off the south coast of Ireland. The Western Star Joint Venture will be developed by Simply Blue Group personnel and Shell floating wind experts, with the project office based at Simply Blue Group Headquarters in Cork.
Shell and Hydro join forces to explore renewable hydrogen projects
Nov 9, 2021
Hydro Havrand, Hydro’s green hydrogen company, and Shell New Energies Holding Europe B.V. (“Shell”) have agreed to explore the potential for joint projects producing hydrogen from renewable electricity. The ambition is to use the hydrogen to help decarbonise Hydro’s and Shell’s own operations, and to supply customers in heavy industries, the maritime sector and road transport.
Shell and Silicon Ranch to build a solar farm adjacent to Shell’s Energy and Chemicals Park in Canada
November 9, 2021
Silicon Ranch and Shell Canada announced plans to build a 58-megawatt solar farm adjacent to Shell’s Energy and Chemicals Park Scotford near Edmonton, Alberta. The solar farm will be key in helping to transform Scotford into one of Shell’s five energy and chemicals parks, providing customers with lower-carbon fuels and products.
Shell sets up $1.4 billion fund to support innovative companies working to accelerate energy transition
November 3, 2021
The dedicated fund will support start-ups and scale-ups across the full spectrum, from seed to Series A to growth equity, and will focus on focused on renewable energy, storage and utilization, mobility, transportation and logistics, circular economy, and nature-based solutions.
Shell to rebrand NewMotion and Greenlots to create global electric mobility offer through Shell Recharge Solutions
November 3, 2021
Shell to bring electric mobility portfolio businesses under unified brand to simplify customer offer.
Shell and partners open first Dutch bio-LNG plant
October 14, 2021
The newly opened bio-LNG plant is the fruit of collaboration between Shell, Nordsol and Renewi. It is expected that it will produce an estimated 3.4 kilotons of bio-LNG per year, preventing the emission of more than 14.3 kilotons of fossil CO2.
Shell signs deals to drive development of UK utility-scale solar generation
October 4, 2021
Shell has signed deals with two of the UK’s leading solar PV developers to support the establishment of new utility-scale solar PV projects in the UK.
Shell starts production at Shell New Energies Junction City, its first US renewable natural gas facility
September 28, 2021
Shell has successfully achieved startup and production of renewable natural gas (RNG) at its first US biomethane facility, Shell New Energies Junction City in Oregon.
Shell to launch Singapore’s first fully-electric ferry service
September 22, 2021
Shell has awarded a contract to Singapore company Penguin, to design, build and operate at least three fully-electric ferries which, when operational, will be the first such service in Singapore and a first for Shell globally.
Shell to build one of Europe’s biggest biofuels facilities
September 16, 2021
Shell announced a final investment decision to build an 820,000-tonnes-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery.
Shell completes acquisition of Inspire Energy Capital
September 15, 2021
Shell has completed the acquisition of Inspire, a US renewable energy residential retailer following receipt of regulatory clearance and satisfaction of closing conditions.
The deal to acquire Inspire Energy Capital was announced earlier this year.
Shell, Totalenergies, EBN and Gasunie partner for proposed offshore CCS-Project
September 7, 2021
Under the name Aramis, these parties will collaborate towards the development of new CO₂ transport infrastructure to enable offshore CO₂ storage. The final investment decision is expected by 2023 with an operational start-up in 2026.
Shell aims to install 50,000 On-street EV charge posts in the UK
September 1, 2021
Shell sets an ambition to significantly extend the charging network for UK drivers by the end of 2025, through ubitricity, part of the Shell group.
’MunmuBaram’ Joint Venture set up by Shell and CoensHexicon for floating wind project in South Korea
September 1, 2021
Joint Venture aims to develop and operate a 1.4 gigawatt floating offshore wind farm in South Korea. The proposed wind farm will help in South Korea’s energy transition and decarbonization journey.
Shell completes acquisition of Next Kraftwerke
July 30, 2021
Shell has completed the acquisition of virtual power plant operator Next Kraftwerke, following receipt of all necessary regulatory clearances. Next Kraftwerke becomes a wholly owned subsidiary of Shell within Shell Energy’s Trading & Supply business. The deal to acquire Next Kraftwerke was announced online on 25 February.
Shell to buy Inspire Energy Capital, expanding renewable power business in the United States
July 27, 2021
Shell has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC (Inspire), a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA.
ScottishPower and Shell bid to bring large-scale floating windfarms to UK waters
July 16, 2021
ScottishPower and Shell have joined forces to bid to develop the world’s first large-scale floating offshore windfarms in the north-east of Scotland.
Shell starts trading power from Europe’s largest battery
July 15, 2021
The Minety battery project in South West England, is now fully operational. The 100-megawatt battery system, controlled by Shell-owned Limejump, will help balance the UK’s electricity demand, providing enough for up to 10,000 homes for a day.
Shell and Deutsche Telekom agree to advance digital innovation in pursuit of climate goals
July 8, 2021
Memorandum of understanding signed to accelerate transitions to net zero. Shell supplies renewable energy to T-Mobile US, while Deutsche Telekom engineers to install more than 10,000 electric vehicle chargers in Germany.
Shell starts up Europe’s largest PEM green hydrogen electrolyser
Jul 2, 2021
The polymer electrolyte membrane (PEM) electrolyser in Germany, backed by a European consortium, will accelerate hydrogen production and contribute to Europe’s goal to achieve climate neutrality.
Shell joint venture to provide offshore wind to US state of New Jersey
June 30, 2021
Atlantic Shores, a 50-50 joint venture between EDF and Shell, has been chosen to provide 1,5 gigawatts (GW) of renewable offshore energy to the US state of New Jersey, enough energy to power 700 million homes.
Shell pledges financial support to bio-crude project in Norway
June 25, 2021
Shell has offered an additional $3 million of financial support to Biozin Holding for ongoing work to build a full-scale bio-crude production facility in Åmli, Norway. This latest sum is in addition to a previous contribution of $3M in 2019.
GM and Shell to offer renewable energy solutions for Texas-based customers
June 23, 2021
Programme includes current offerings to help expand access to renewable energy for GM’s customers and suppliers in Texas, and free renewable energy charging for GM electric car owners.
Shell City Solutions collaborates with the Resilient Cities Network
June 21, 2021
Shell City Solutions and the Resilient Cities network launched the Resilient Energy & Mobility Transition Programme to support cities in managing resilient energy and mobility transition.
Shell opens first hydrogen refuelling station for buses in Netherlands
June 11, 2021
On Friday, 11th June, Shell opened their first hydrogen refuelling stations for buses in Groningen, the Netherlands.
Shell Energy wins Australian power supply agreement
May 25, 2021
Shell Energy and Australian renewables developer Edify have won a long-term power supply agreement with the New South Wales government that will include the building of an 100-megawatt battery energy storage system.
Shell and Daimler Truck AG accelerate the rollout of hydrogen-based trucking
May 20, 2021
Shell and Daimler Truck AG to simultaneously deliver heavy-duty hydrogen refuelling stations and hydrogen fuel-cell trucks in order to accelerate the decarbonisation of road freight in Europe.
Shell launches its first European EV Mobility Hub in Paris
May 5, 2021
Shell’s first business-to-business mobility hub aimed at the growing segment of car sharing is now open in central Paris. It marks the launch of Shell Recharge in France. The second hub, near Charles de Gaulle Airport, will be operational by the end of 2021.
Shell enters into power purchase agreement with BluEarth Renewables
April 8, 2021
Shell Energy North America will purchase renewable electricity and associated emission offsets from the forthcoming Hand Hills Wind Project, located northeast of Drumheller, Alberta, Canada.
Shell invests in sustainable aviation fuel producer LanzaJet
April 6, 2021
Shell’s investment supports Lanzajet’s global growth as the sustainable aviation fuel producer continues to build the world’s first alcohol-to-jet facility of its kind in Soperton, Georgia, USA.
Shell enters into power purchase agreement with Portugal’s Sonae MC
March 30, 2021
Shell Energy Europe has entered into a long-term corporate power purchase agreement to provide Portugal’s Sonae MC with around 100 gigawatt hours of renewable power annually.
Shell trials forecourt battery power storage system as it ramps up EV ambitions
Mar 8, 2021
Shell and Alfen have launched a pilot to trial an on-site battery-powered system to support ultra-fast electric vehicle charging at Shell’s Zaltbommel forecourt in the Netherlands.
Shell’s MP2 Energy to supply renewable power to Visa’s facilities in Virginia
March 3, 2021
The digital payments company Visa has signed a five-year agreement with MP2 Energy, a subsidiary of Shell North America, to buy 100 percent renewable electricity to power its largest data centre in the US state of Virginia.
Shell acquires virtual power plant operator Next Kraftwerke
February 25, 2021
Next Kraftwerke is a virtual power plant (VPP) operator, remotely connecting and managing over 10,000 decentralised energy units across eight countries in mainland Europe: Germany, Belgium, Austria, France, Poland, the Netherlands, Switzerland and Italy.
Offshore windfarm Borssele III&IV now fully operational
Feb 18, 2021
The Blauwwind consortium – of which Shell is a stakeholder – today announces the completion of the Borssele III & IV wind farm in the North Sea. This wind farm is expected to produce roughly 3,000 gigawatt hours a year, the equivalent annual power use of 825,000 Dutch households.
ERM Power is now Shell Energy
February 17, 2021
ERM Power, acquired by Shell in November 2019, is from today known as Shell Energy. The company has also been ranked number one for customer satisfaction in a major survey for the tenth consecutive year.
Raizen acquires Biosev, a leading producer of sugar and ethanol in Brazil
February 8, 2021
Deal expected to grow bioethanol production capacity at Raízen, Shell’s Brazilian biofuels joint venture, to around 3% of global output.
Shell agrees deal to supply Amazon with renewable power
February 8, 2021
Shell Energy Europe has signed an agreement with Amazon to provide renewable power from a subsidy-free offshore wind farm being constructed off the coast of The Netherlands.
Shell Energy Retail agrees to buy UK Post Office broadband
February 1, 2021
Shell Energy Retail has signed a deal for the UK Post Office’s broadband and telephony business. This means Shell will be able to offer more customers smart home offerings across energy, broadband, EV charging and battery storage.
Shell partners with Simply Blue Energy to develop Emerald Floating wind project
January 27, 2021
Shell has signed an agreement with Simply Blue Energy to acquire a 51% share of their Simply Blue Energy Kinsale venture, which was set up to develop the Emerald Project, a floating wind farm in the Celtic Sea, Ireland.
Shell agrees to buy ubitricity, a leading provider of on-street EV charging
January 25, 2021
Shell has signed an agreement to buy 100% of ubitricity, a leading European provider of on-street electric vehicle charging. Subject to regulatory clearance, the deal is expected to be completed later this year.
Shell and partners sign letter of intent for 100MW hydrogen project in Germany
January 22, 2021
Shell, Mitsubishi Heavy Industries, Vattenfall and Wärme Hamburg are exploring how to produce hydrogen from wind and solar at a site in Germany. The feasibility study is subject to final investment decision.
Shell launches 25-megawatt solar plant in Oman
January 19, 2021
Shell has launched a 25-megawatt solar plant in Oman. The Qabas solar plant – which comprises 88,000 solar modules – is Shell’s first utility scale, photovoltaic solar project in the Middle East.
Solaria agrees major Spanish solar power supply deal with Shell
January 14, 2021
Shell Energy Europe and Solaria, a leading Spanish solar photovoltaic power producer, have signed a major long-term power purchase agreement for solar plants in Spain.
Shell invests in Québec’s first waste to low-carbon fuels plant
January 5, 2021
Shell Canada has announced the signing of commercial agreements to invest in Varennes Carbon Recycling, the first waste to low-carbon fuels plant in Québec, Canada.
Energy companies announce transition principles
December 17, 2020
Shell, bp, Eni, Equinor, Galp, Occidental, Repsol and Total announce agreement to apply six energy transition principles to support collective industry acceleration to contribute to the Paris Agreement.
Shell Ventures co-invests in ZeroAvia
December 16, 2020
Shell Ventures is among five co-investors of a $21.4 million Series A funding round for Zero-Avia, a US-based company focused on hydrogen-electric aviation solutions.
Silicon Ranch closes $225 million equity raise with existing shareholders
December 15, 2020
Silicon Ranch Corporation, the U.S. solar platform for Shell and one of the nation’s largest independent power producers, has closed an investment round that attracted $225 million in new equity capital.
Go-ahead for the Northern Lights project
December 15, 2020
Following a historic vote in parliament, the Norwegian Government today announced its funding decision for the Northern Lights CO2 transport and storage project.
H2Accelerate – new collaboration for zero emission hydrogen trucking at mass-market scale
December 15, 2020
Daimler Truck AG, IVECO, OMV, Shell and the Volvo Group today committed to work together to help create the conditions for the mass-market roll-out of hydrogen trucks in Europe.
Shell to expand California hydrogen refuelling infrastructure
December 10, 2020
California Energy Commission awards $7.3 million for the first eight of 51 Shell hydrogen refuelling stations proposed through a $40.5 million, multiyear program.
NortH2 welcomes RWE and Equinor as partners
December 07, 2020
Following the launch of the NortH2 project in February 2020, Shell, Gasunie and Groningen Seaports welcome two new partners, RWE and Equinor to the consortium. If given the go-ahead, the NortH2 project aims to offer large-scale production, storage and transport of green hydrogen to industrial sectors that are difficult to electrify.
Shell invests in GreenCom Networks
December 02, 2020
Shell Ventures join existing investors including Centrica and E.ON to further GreenCom’s mission to become the leading residential energy Internet of Things platform.
Shell to supply UK customers from world’s largest offshore wind
November 24, 2020
Shell Energy Europe Limited has secured a 15-year power purchase agreement (PPA) for 20% of the power to be produced by the first two phases of Dogger Bank, the world’s largest offshore wind farm.
Taiwan customers receive second carbon neutral LNG cargo from Shell
November 18, 2020
The cargo, which was delivered to the CPC Corporation in Taiwan, will provide enough carbon neutral liquefied natural gas (LNG) to power over 100,000 homes for a year.
The first Dutch bio-LNG installation: Construction has started
November 17, 2020
Renewi, Nordsol and Shell have started the construction of the first bio-LNG installation in Amsterdam Westpoort. The new bio-LNG installation is an extension for the current processing of, among other things, outdated products from the supermarkets.
Shell and partners develop hydrogen value chain in China
November 13, 2020
Shell New Energies partners with Zhangjiakou City Transport to develop a 20 megawatt green hydrogen electrolyser and hydrogen refuelling stations in Zhangjiakou City, Northern China.
Canadian drivers go carbon neutral with Shell
November 12, 2020
Shell becomes the first retailer in Canada to offset carbon dioxide emissions from customers’ fuel purchases at Shell service stations. The offsets cover all emissions from the production through to the use of the fuel.
Rolls-Royce to test 100% sustainable aviation fuel sourced by Shell Aviation
November 12, 2020
The sustainable aviation fuel being used in tests is sourced by Shell Aviation, produced by low-carbon fuel specialist World Energy in Paramount, California, and delivered by SkyNRG.
Shell’s 100% renewable electricity offer is extended to businesses in Britain
November 9, 2020
Shell rebrands Hudson Energy as Shell Energy. Businesses in Great Britain of all sizes will now join homeowners already purchasing low-carbon energy solutions from Shell Energy.
Shell and Microsoft form alliance to help address carbon emissions
September 22, 2020
Both companies will expand their deep existing technology collaboration to create and deliver new solutions to help customers, suppliers and other businesses lower emissions.
Blauwwind achieves first power
August 7, 2020
On August 7, Blauwwind achieved first power on the Borssele III/IV windfarm in the North Sea. This is a key milestone in the construction of the project and means the first turbine is now generating power and delivering renewable electricity into the Dutch grid.
Shell to acquire environmental services company Select Carbon
August 3, 2020
Shell Australia will acquire 100% of Select Carbon, a specialist company that partners with farmers, pastoralists and other landowners to develop carbon farming projects throughout Australia.
CrossWind wins tender for Hollandse Kust (noord) wind farm
July 29, 2020
The CrossWind consortium, a joint venture between Shell and Eneco, have been awarded the tender for the subsidy-free offshore wind farm Hollandse Kust (noord). The wind farm will help to meet the objectives of the Dutch Climate Accord and the EU’s Green Deal.
Shell Aviation to supply Amazon Air with sustainable aviation fuel
July 08, 2020
World Energy and Shell collaborated to develop a sustainable aviation fuel solution that could help businesses to decarbonise aviation.
Shell, BP, Eni, Equinor and Total form consortium to develop UK’s Net Zero Teesside project
February 28, 2020
The project will decarbonise local industry by building a transportation and storage system to gather industrial carbon dioxide, compress it and store it safely in a reservoir under the North Sea.
NewMotion appoints Melanie Lane as CEO
May 20, 2020
Melanie Lane has been appointed as the new CEO of NewMotion. She succeeds Sytse Zuidema who has held the position for the last five years.
Shell, Equinor and Total to invest in Carbon Capture and Storage project in Norway
May 15, 2020
“Shell is active in all parts of the Carbon Capture and Storage (CCS) value chain and Northern Lights further strengthens our global CCS portfolio,” says Syrie Crouch, vice president for Carbon Capture Utility Storage at Shell.
sonnen turns 10: helping homes share solar power
May 14, 2020
In May 2020 sonnen marked its tenth anniversary. The company, now part of Shell, has grown to see more than 50,000 households install their solar and battery solutions in homes around the world.
Plan for wind energy to power Rotterdam green hydrogen plant
May 7, 2020
Shell Nederland is working together with partners to create a green hydrogen hub in the port of Rotterdam. Shell aims to produce green hydrogen on the Tweede Maasvlakte using green electricity from wind power.
Shell Ventures invests in Spiffy on-demand car care for individuals and fleets
March 11, 2020
Spiffy, an on-demand car care, technology, and services company, announced the closing of a strategic investment from Shell Ventures. The company offers services for fleets, office parks, and residential customers in 20 cities across the United States.
Shell invests in FORGE to help build a biofuel production plant in Canada
February 13, 2020
FORGE a Canadian biofuel start-up, announces an equity investment from Shell Ventures and a follow-on contribution from Valent Low-Carbon Technologies, which will help build a first-of-its-kind CAD$30 million commercial-scale, biofuel production plant in Sombra, Ontario.
Shell Australia to build its first large-scale solar farm in Queensland
February 7, 2020
Shell Australia today announced it will build and operate its first industrial-scale solar electricity farm near Wandoan in central Queensland, Australia. The solar farm will generate 120 megawatts of solar electricity from about 400,000 photovolatic (PV) panels and is expected to be completed in early 2021. The project will create up to 200 new jobs during construction.
ESCO Pacific and Shell to drive growth in Australian solar
December 16, 2019
Shell invests in ESCO Pacific for a 49% stake in the business. ESCO Pacific is one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility scale solar projects.
Shell completes acquisition of ERM Power Limited
November 29, 2019
Shell Energy Australia has completed the acquisition of ERM Power, one of Australia’s leading commercial and industrial electricity retailers.
Hudson Energy is acquired by Shell Energy Retail Limited
November 29, 2019
Shell Energy Retail has bought Hudson Energy Supply UK. Under its Green Star Energy brand, Hudson Energy has around 200,000 residential natural gas and electricity customers in Great Britain.
d.light welcomes investment from Shell on its journey to impact 100 million lives
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.
PowerGen targets reliable electricity for 1 million more people, with investment from Shell
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.
Massachusetts selects Mayflower Wind Energy’s 804 mw low cost energy proposal
October 30, 2019
Mayflower Wind Energy a joint venture of Shell and Ocean Winds 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.
UK drivers go carbon neutral with Shell
October 10, 2019
Shell becomes the first retailer to offset the carbon dioxide emissions from customers’ fuel purchases at its UK service stations at no extra cost. This will be available at more than 1,000 Shell-branded service stations.
Shell awarded for ‘Leadership in New Energy’ by Energy Intelligence
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.
Shell Energy Retail to acquire Hudson Energy
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.
Shell invests in Indian solar power Orb Energy
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.
Shell teams with Passivsystems to launch The B-Snug Smart Hybrid Home Heating System Linl
October 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.
Shell Ventures invests in Dutch cleantech company Asperitas
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.
Shell makes offer to purchase ERM Power
August 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.
Shell Ventures invests in Corvus Energy
August 12, 2019
Corvus Energy announced major investment from Shell Ventures to support the global development of its maritime energy storage solutions.
Shell Uses Solar to Help Power Three Singapore Sites
August 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.
SteamaCo completes $5M series B financing with Praetura and Shell
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.
BMW, Renault, Shell invest in $100 Million Israeli Car Tech Fund
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.
Sense Photonics closes $26 million Series A funding round with participation from Shell Ventures
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.
Ravin Raises $4M Seed Round to Automate Vehicle Inspections
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.
SunFunder closes new equity round with investment by Shell
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.
Shell invests in nature to tackle CO2 emissions
- 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
Shell New Energies invests in EcoSmart Solution
April 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.