NextEnergy Capital (NEC) has entered into two separate ten-year power purchase agreements with Shell Energy North America for the power from two US-based solar farms.
Oil and gas major Shell is to ramp up its renewable energies division in order to decarbonise its operations and strive towards a net-zero-by-2050 target.
Construction is already underway for 120MW project near Wandoan, marking utility-scale global debut for oil and gas major already active in the country after M&A flurry last year.
The acquisition follows Shell's purchase of Aussie electricity retailer ERM Power in late November and is part of the oil major's drive to establish a "one-stop energy shop" down under.
Solar Media's Liam Stoker and Andy Colthorpe take a look at how utilities across the world are increasingly deploying sizeable solar and/or storage plants, and discuss the rise of long-duration storage.
Cleantech Solar has penned a power purchase agreement with retail giant Tesco Group, covering 19 rooftop installs for its Asia-focused Tesco Lotus range of stores.
