Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
Facebook Partners with Longroad Energy For 379 MW Texas Solar Project Updated On Fri, May 31st, 2019 by Saurenergy Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project. Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […] Read more
Shell To Power Up 700,000 UK homes with Renewable Energy Updated On Mon, Mar 25th, 2019 by Saurenergy Royal Dutch Shell will begin supplying renewable electricity to more than 700,000 homes in the UK this week as it powers up plans to become the world’s biggest electricity company. Under the brand Shell Energy, it will become one of UK’s biggest green power suppliers overnight when it replaces First Utility, a year after acquiring […] Read more
Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea Updated On Thu, Mar 14th, 2019 by Saurenergy The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […] Read more
Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more
Shell Acquires 49% Stake in Cleantech Solar Updated On Wed, Dec 19th, 2018 by Saurenergy This investment will be Shell’s second major solar investment this year, giving Shell an immediate path to an established commercial and industrial platform in Southeast Asia. Cleantech Solar, a leading developer of commercial solar energy systems in Southeast Asia and India has announced that Shell has signed an agreement to acquire a 49% stake in […] Read more
Shell Wanders into Solar Energy, Consents to Gain Stake in US Firm Updated On Tue, Jan 16th, 2018 by Saurenergy Nashville, Tennessee-based Silicon Ranch creates, possesses and works solar plants over the United States with a limit of 880 megawatts. Shell additionally has a choice to build its proprietorship after 2021. Royal Dutch Shell concurred to get a stake in a U.S. solar power organization, 12 years in the wake of leaving the part, in […] Read more
Netherlands Solar Company to Build Solar Power Plant at Moerdijk Updated On Fri, Jan 12th, 2018 by Saurenergy Shell noted that the Moerdijk solar power plant, which will boast an approximate peak capacity of 20 megawatts of power, will contribute to the chemical facility’s energy consumption. Netherlands Solar Company, Shell this year plans to begin constructing a solar power plant at its chemicals manufacturing facility in Moerdijk, the company reported. “Developing this solar […] Read more