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Home > Renewables: Shell Is Buying Clean-Tech Companies. What's Going On?

Renewables: Shell Is Buying Clean-Tech Companies. What's Going On? [1]

"Royal Dutch Shell PLC, one of the world's largest oil companies, gave fresh signals last week that it intends to be a purveyor of low-carbon electricity. It bought a battery company that will compete with Tesla Inc. and struck a partnership with Google to test an exotic wind generator.

The news came shortly after Shell acquired Greenlots, a California startup that builds software to network fueling stations for electric vehicles.

Together, the moves place Shell in the clique of petroleum companies that are putting serious money into low-carbon electricity, even if they are small investments by the standards of a global oil giant."

David Ferris reports for EnergyWire February 19, 2019. [2]

Climate Change [3]
Economy & Business [4]
Energy & Fuel [5]
International [6]
Public [7]
Source: EnergyWire [2], 02/20/2019
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Source URL:https://www.sej.org/headlines/renewables-shell-buying-clean-tech-companies-whats-going

Links
[1] https://www.sej.org/headlines/renewables-shell-buying-clean-tech-companies-whats-going [2] https://www.eenews.net/energywire/stories/1060121337 [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/business [5] https://www.sej.org/category/topics-beat/energy [6] https://www.sej.org/category/region/international [7] https://www.sej.org/taxonomy/term/81