Oil giant Shell has stepped up its investment in renewable energy, announcing this week that it has entered into an agreement to acquire a 43.83% stake in leading US solar developer, owner, and operator Silicon Ranch Corporation, a deal set to be worth up to $217 million.
Browsing the "Shell" Tag
The solar manufacturing industry is now a highly competitive industry. Solar module companies that can’t compete are dropping like icicles on a warm spring day. Shell dropped out of the solar module race in 2006, giving its solar business to SolarWorld. Nonetheless, Shell is still quite bullish on solar energy in the long term. In […]