Oil major Shell dips into power market

Facebook
Twitter
LinkedIn
Reddit
Email
Image credit: Shell.

Shell Energy North America (SENA) has agreed to buy power services company MP2 Energy.

MP2 offers supply, on-site generation, demand response and other services, including solar, to commercial and industrial customers. According to Shell, many of these services are offered via proprietary technology and systems that have been developed in-house.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“We are proud to bring MP2 into the Shell Energy North America family,” said Glenn Wright, VP, SENA. “MP2 has established itself as a significant player in the large end-user electricity market, and achieved its position by combining optimally designed energy solutions and exceptional customer service,” added Wright.

SENA’s retail energy business for the C&I sector will be expanded beyond its West Coast limits to incorporate Texas and the Eastern Seaboard. MP2’s more advanced services will also be rolled into the SENA offering.

MP2 has collaborated closely with SolarCity in the past with services aimed at both residential and C&I customers. Shell has stated that part of the attraction of the deal is “MP2's top tier network of aggregators, brokers, and consultants”.

MP2 is providing a flexible five-year PPA to Toyota's Piano, Texas campus. Credit: Toyota.
7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

August 15, 2025
US solar manufacturer T1 Energy has signed a deal to buy US-made polysilicon and wafers from ceramics and glass producer Corning.
August 15, 2025
US tracker manufacturer FTC Solar has launched a new single-axis tracker model built for extreme wind regions. 
Premium
August 14, 2025
SolMicroGrid has launched an Energy-as-a-Service (EaaS) partner program for project developers, engineering, procurement, and construction (EPC) companies and original equipment manufacturers (OEMs).
August 14, 2025
Despite policy setbacks, US manufacturing has come a long way since 2022 and shows strong potential looking ahead. Jonathan Touriño Jacobo looks at the data.
August 13, 2025
CEA said the US could lose 60GW of planned solar capacity if strict "start of construction" rules come into force.
August 12, 2025
US polysilicon company Highland Materials has signed a long-term lease for the site of a planned “next-generation” polysilicon production facility in Tennessee.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines