Shell invests in blockchain-based energy sharing specialist LO3

BusinessGreen staff
clock • 2 min read

LO3 announces 'major investments' from Shell and Japanese corporation Sumitomo as it seeks to scale up its community energy networks globally

Peer-to-peer energy sharing specialist LO3 Energy has secured "major investments" from corporate giants Shell and Sumitomo in support of its plans to scale-up its blockchain-based community energy networks...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Credit: Centrica Business Solutions

Centrica begins converting former Lincolnshire gas plant into 50MW battery storage facility

Facility to help provide energy storage to support North Lincolnshire’s 43 onshore wind farms, according to Centrica

clock 27 September 2022 • 2 min read
Net Zero Festival: Phoenix Group's Tim Lord on the challenge and necessity of building net zero investment portfolios

Net Zero Festival: Phoenix Group's Tim Lord on the challenge and necessity of building net zero investment portfolios

VIDEO: Head of climate change at Phoenix Group explains how the pensions and investment is working to decarbonise its £300bn portfolio

BusinessGreen staff
clock 27 September 2022 • 1 min read
Credit: iStock

GFANZ: Two pension funds quit Net Zero Asset Owner Alliance citing resourcing challenges

Australia's Cbus Super and Austria's Bundespensionskasse quit the Net Zero Asset Owner Alliance, both citing challenges of resources required to meet stringent data reporting requirements

Stephanie Baxter
clock 26 September 2022 • 2 min read