Reuters reports that Shell has bought U.S.-based Savion to increase its solar power push.
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- Savion is a Kansas City-based renewable energy company that has more than 18 gigawatts of solar power and energy storage in development.
- Shell has recently made a push to grow its clean energy portfolio and plans to reach net zero emissions by 2050.
- The private sector is leading the way to a more sustainable future.
“The oil major did not disclose the value of the deal, but said the acquisition adds on to its previous investment in U.S. solar power operator Silicon Ranch, with Savion’s more than 18 gigawatts of solar power and battery storage under development for many customers.”
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