Shell steps up investment in new solar (and North Sea oil and gas) projects

James Murray
clock • 2 min read

Oil giant continues diversification push with agreement to acquire a stake in US solar firm Silicon Ranch Corporation for up to $217m

Oil giant Shell looks set to continue its recent clean tech acquisition push, after yesterday confirming it has reached an agreement to acquire a major stake in US solar developer Silicon Ranch Corporation....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

'A major player': Solar generated record 14.4 per cent of Great Britain's electricity in July

'A major player': Solar generated record 14.4 per cent of Great Britain's electricity in July

UK 'firmly in its second solar boom' as all-time monthly generation record tumbles yet again, NESO figures confirm

Stuart Stone
clock 03 August 2026 • 4 min read
Hive debuts solar-powered parasol to turn tide on beach day tech gripes

Hive debuts solar-powered parasol to turn tide on beach day tech gripes

Clean tech firm unveils Powersol to help beachgoers charge devices and see screens in bright sunlight

Stuart Stone
clock 27 July 2026 • 2 min read
Roll up, roll up: Touring circus ditches diesel for solar and battery in 'UK first'

Roll up, roll up: Touring circus ditches diesel for solar and battery in 'UK first'

Circus Funtasia claims it has become the UK's first solar-powered touring circus, after replacing diesel generators with solar and battery storage system that promise to cut emissions and energy costs

Michael Holder
clock 24 July 2026 • 2 min read