Energy major Shell and Brazilian steel company Gerdau have penned a 50-50 joint venture (JV) agreement for the development, construction and operation of a 260MWp solar PV project in the solar hotbed state of Minas Gerais.
Energy major Shell has acquired 100% of PV project developer Solar-Konzept Italia (SKI), taking its solar development pipeline in Italy to around 2GW in the process.
Raising more than US$1 billion in equity capital in the past year, US independent power producer (IPP) Silicon Ranch is looking to expand its model of developing, owning and operating large-scale PV plants while maintaining a strategy of co-locating projects with regenerative agriculture.
Silicon Ranch has raised US$775 million in new equity capital to help progress on its existing project pipeline, enter new markets and pursue acquisitions.
Consumer-owned utility Walton Electric Membership Corporation (EMC) and independent power producer (IPP) Silicon Ranch have completed the construction of three utility-scale solar PV projects with a total capacity of 287MW that will be used to power Meta’s (formerly Facebook) operations in Georgia, US.
A consortium led by Singaporean conglomerate Keppel Corporation is acquiring a 51% stake in Asian commercial and industrial (C&I) solar specialist Cleantech Solar for up to US$150 million.
Commercial and industrial (C&I) solar developer Altus Power will offer distributed renewables and energy storage solutions through a new partnership with energy major Shell.
Oil and gas major Shell has launched the Shell Energy brand in Brazil and has committed to investing R$3 billion (US$570 million) in renewables in the country by the end of 2025
Shell has signed a memorandum of understanding (MOU) with Singaporean development agency JTC to explore the development of a new solar farm on the Semakau landfill to the south of Singapore.
