Why Choose Shell, View Powering Progress sets out our strategy to accelerate the transition of our business to net-zero emissions. ESG information hub, View View Keep up to date with developments at Shell via email alerts, Twitter or other social media. A planet destined for more people and rising living standards will need more energy. The acquisition of Savion will help expand Shell's existing solar and energy storage business and contribute to the company's goals to develop an integrated power business as it moves to become a net-zero emissions energy business by 2050, in step with society. Our strategy: Powering Progress, View Integrating sustainability into our activities, Producing oil and gas responsibly and efficiently, Embedding sustainability into our major projects, Investing in access to energy for communities, View Lubricants for Transport and Industrial Businesses, View All forward-looking statements contained in thisannouncement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Yours to Make. Sustainability, View Dividend information, View Energize Your Future with Shell, Preparing Todays Students For Tomorrows Workforce, Shell LiveWIRE Entrepreneurship and Small Business Training Program, View Candidate Resource Centre, 4 tips to excel in a Shell face-to-face interview, 7 tips to prepare Students & Graduates for an online video Interview, 10 employees share their first week at Shell, 9 ways to help you find the right career path, View Shell Dec 17, 2021, 13:56 ET HOUSTON, Dec. 17, 2021 /PRNewswire/ -- Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has completed the acquisition of Savion LLC. Digitalisation is transforming the energy industry, by improving efficiency and safety, as well as facilitating the use of renewable energy. The energy future, Transforming low-carbon energy supply and demand across sectors, View Annual General Meeting, Shell plc 2022 Annual General Meeting webcast, View Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie's Green Investment Group.With this acquisition, Shell expects to significantly expand its global solar portfolio. Aviation, View Solar energy is one of the fastest growing renewable energy sources. Debt information, View Integrating sustainability into our activities, View The company has offices in Italy and in the UK. The Shell App, View Energy and innovation, View solar-konzept Italia-A solar developer acquired by Shell in December 2021 from solar-konzept International. People and communities, View Shells operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in thisannouncement. People and communities, View Savion has a pipeline of more than 18 gigawatts of solar and energy storage projects with over 100 projects under development in 26 states. Across the globe, sonnen is represented by subsidiaries in the USA and Australia. Careers at Shell, View Shell Fleet Solutions, View Savion-A large utility-scale solar and energy storage developer in the USA. Shell Overseas Investment, a wholly owned subsidiary of Shell, has completed its 100% acquisition of Solenergi Power and, with it, the Sprng Energy group of companies from Actis Solenergi Limited for $1.55 billion. Carbon Capture and Storage, View Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. With this acquisition, Shell expects to significantly expand its global solar portfolio. Yours to Make. The Future. The Future. Dividend information, View Why Choose Shell. Sustainability our approach, View Shell Brand Licensing, View Ways to save, View The energy future, Transforming low-carbon energy supply and demand across sectors, View The Future. Subsidiaries, Shell subsidiaries and Shell companies as used in thisannouncementrefer toentitiesoverwhich Royal Dutch Shellplceither directly or indirectly has control. Savion is based in Kansas City, Missouri, U.S., and currently employs 126 staff. Energy company Royal Dutch Shell has agreed to acquire solar-konzept Italia Srl (SKI . Shell Liquefied Petroleum Gas (LPG), View It will generate power from about 330,000 photovoltaic panels that turn sunlight into electricity. Ways to save, View Find out how to contact our Media Relations team across the world. Careers at Shell, View Shell for suppliers, Purchase order general terms and conditions, Shell invoicing channels and invoice requirements, Electronic signature data privacy statement, View View Annual General Meeting, Shell plc 2022 Annual General Meeting webcast, View Energy and innovation, View Entitiesoverwhich Shell has significant influence butneithercontrolnor joint controlare referred to as associates. Marine, HSSE & Social Performance Commitment and Policy, Smarter maintenance for optimised performance, View Shell has been providing energy to U.S. customers for more than 100 years and plans to remain an energy leader in the country for decades to come. Sep 15, 2021. Subject to regulatory approval, Shell Petroleum Development Company is set to acquire Daystar Power. Shale Oil and Gas, Putting Safety First in Shale Oil and Gas, Leveraging Technology in Shale Oil and Gas, Social and Environmental Responsibility in Shales, View Digitalisation in Energy, View All forward-looking statements contained in thisannouncement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. The Chief Executive Officer (CEO) and co-founder of Daystar Power . Shell Brand Licensing, View Shell set to make first solar power provider acquisition in Africa September 29, 2022 This Day This Day: Royal Dutch Shell is set to purchase African solar provider, Daystar Power, as it expands its global renewables footprint and seek to work towards its carbon emission reduction policy. Savion has a pipeline of more than 18 gigawatts of solar and energy storage projects with over 100 projects under development in 26 states. Shell Liquefied Petroleum Gas (LPG), View View Shell completes acquisition of solar and energy storage developer Savion Shell launches 25-megawatt solar plant in Oman Silicon Ranch closes $225 million equity raise with existing shareholders Shell Australia to build its first large-scale solar farm in Queensland sonnen turns 10: helping homes share solar power The energy future, View Sustainability, View Safety, View Wednesday, August 10, 2022. Safety, View Each forward-looking statement speaks only as of the date of thisannouncement, 14 December 2021. Savions acquisition will expand Shells existing solar and energy storage portfolio, where Shell holds interest in developers such as Silicon Ranch Corporation in the U.S., Cleantech Solar in Singapore, ESCO Pacific in Australia, owns sonnen, a smart energy storage company in Germany, and EOLFI, a wind and solar developer in France. Annual General Meeting, View Energy and Innovation, View Shale Oil and Gas, View Subsidiaries, Shell subsidiaries and Shell companies as used in thisannouncementrefer toentitiesoverwhich Royal Dutch Shellplceither directly or indirectly has control. Environment, View Mobility, View Energy and innovation, View This deal accelerates our ongoing efforts in Italy and will make us one of the leading solar developers in Italy. Dec 14 (Reuters) - Royal Dutch Shell (RDSa.L) said on Tuesday it would buy U.S.-based solar and energy storage developer Savion from Macquarie's (MQG.AX) Green Investment Group, to expand its. We are expanding our solar power generation capability by investing in the development and operation of long-term commercial and industrial solar projects. Silicon Ranch- The USA solar platform for Shell and one of the largest independent solar power producers in the country. No assurance is provided that future dividend payments will match or exceed previous dividend payments. Environment, Plastic waste management and initiatives at Shell, View Information for shareholders, View Shell Construction and Road, View Our strategy: Powering Progress, View Entrepreneurs and Start-ups, View Careers FAQs, Encouraging Happiness to Enable Greatness, Solving puzzles, at home and in the office, Growing as a professional while growing as a person, Fresh minds for a fresh new direction in energy, Being at the forefront of an industry in transition, Growing technical expertise with precision and care, Find a Job in the Shell Graduate Programme. The Future. Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Industrial Lubricants and Oils for Business, View With this acquisition, Shell expects to significantly expand its global solar portfolio. View Savion specialises in developing solar power and energy storage projects and currently has more than 18 gigawatts of solar power and battery storage under development for a variety of customers, including utilities and major commercial and industrial organisations. Shell Commercial Road Transport, View Entitiesoverwhich Shell has significant influence butneithercontrolnor joint controlare referred to as associates. These forward-looking statements are identified by their use of terms and phrases such asaim, ambition,anticipate, believe, could, estimate, expect,goals,intend, may, objectives, outlook,plan,probably, project,risks,schedule,seek,should,target,willand similar terms and phrases. Electricity, Another step towards a global electricity business, View ESG information hub, View Subject to closing adjustments, about half of the previously announced transaction value ($1.55 billion) will be reported as cash capex and the remainder assumed as debt obligations. Shell completes acquisition of solar and energy storage developer Savion DKODING 18/12/2021 01:00 AM HOUSTON, Dec. 17, 2021 /PRNewswire/ Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has completed the acquisition of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States. Likewise, the words we, us andourare also used to refer toRoyal Dutch Shell plc anditssubsidiaries in general or to those who work for them. With this acquisition, Shell expects to significantly expand its global solar portfolio. As part of this strategy, Shell aims to sell more than 560 terawatt hours of power globally per . Read more here. Candidate Resource Centre, View Annual General Meeting, Shell plc 2022 Annual General Meeting webcast, View Mobility, View Industrial Lubricants and Oils for Business, View Transparency and sustainability reporting, Voluntary reporting standards and ESG ratings, View Shell for suppliers, Purchase order general terms and conditions, Shell invoicing channels and invoice requirements, Electronic signature data privacy statement, View Neither Royal Dutch Shellplcnor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. Shell completes acquisition of solar and energy storage developer Savion Dec 17, 2021 Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has completed the acquisition of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States. For more details on Shells Powering Progress strategy, please visit. Shells operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View solar acquisition . Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy . In October 2021, Shell set a target to reduce absolute emissions by 50% by 2030, compared to 2016 levels, which includes all Scope 1 and 2 emissions. Dividend information, View The energy future, View This deal marks our first power acquisition in Africa and a fundamental step for Shell in growing our presence in emerging power markets. Candidate Resource Centre, 4 tips to excel in a Shell face-to-face interview, 7 tips to prepare Students & Graduates for an online video Interview, 10 employees share their first week at Shell, 9 ways to help you find the right career path, View Dividend information, View Electricity, View Aviation, Flightpath: exploring the future of aviation, View Also, in thisannouncement we mayrefer to ShellsNetCarbonFootprint, whichincludes Shells carbon emissions from the production of our energy products, our suppliers carbon emissions in supplying energy for that production and our customers carbon emissions associated with their use of the energy products we sell. The term Shell interest is used for convenience to indicate the direct and/or indirectownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separatelegalentities. The Future of Energy Challenge, 2020 Future of Energy Challenge: Mobility Finalist Teams, Shell Announces The 2020 Future Of Energy Challenge: Mobility, Shell Announces The Future Of Energy Accelerator Winner, Shell challenges Net Impact to shape new energy solutions, 2020 Future of Energy Challenge: Mobility Final Pitch Competition, 2021 Future of Energy Challenge: Net-Zero Emissions, 2021 Future of Energy Challenge: Net-Zero Emissions Final Pitch Competition, View Daystar Power, the West African solar power provider being bought by Royal Dutch Shell, plans to expand across Africa once the acquisition is completed, says Olaedo Osoka, Daystar's West Africa CEO. Shell Trading and Supply, View Energy and innovation, View Renewables and Energy Solutions, Latest News From Shell Renewables & Energy Solutions, View Safety, View Careers at Shell, View Additionalriskfactors that may affect future results are contained in Royal Dutch ShellsForm20-F for the year ended December 31,2020(available atwww.shell.com/investorandwww.sec.gov). Digitalisation in Energy, Digital Transformation in Energy Industry, Digitalisation accelerating the energy transition, View StateEscape, View With this acquisition, Shell expects to significantly expand its global solar portfolio. Marine, HSSE & Social Performance Commitment and Policy, Smarter maintenance for optimised performance, View Ways to Pay, View Shell Chemicals, View Integrating sustainability into our activities, Producing oil and gas responsibly and efficiently, Embedding sustainability into our major projects, Investing in access to energy for communities, View Electricity, View The use of the term ShellsNetCarbonFootprint is for convenience only and not intended to suggest these emissions are those of Shell or its subsidiaries. Shell acquires solar-konzept Italia Jan 19, 2022 Shell has acquired 100% of solar development company solar-konzept Italia Srl (SKI) from solar-konzept International GmbH. Dividend information, View The acquisition increases Shells solar development pipeline in Italy to approximately 2GW and supports Shells global ambition to supply customers with renewable power. Royal Dutch Shell plans to acquire solar and battery storage company Savion, expanding its renewable energy footprint in the U.S. as oil giants face mounting pressure to change their . Shell Commercial Fuels, View Sustainability our approach, View Aviation, View Integrating sustainability into our activities, View Accordingly, Shells operating plans, outlooks, budgets and pricing assumptions do not reflect our net-zero emissions target. View Shell Commercial Fuels, Shell Commercial Fuels Industrial Fuel Solutions, Shell Fuel Oil Plus and Shell Fuel Oil Extra, Shell Electronic Vendor Managed Inventory, View All forward-looking statements contained in thisannouncement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. This acquisition falls within the 2021 Renewables & Energy Solutions cash capital expenditure budget of $2-3 billion as disclosed at Shell Strategy Day on February 11, 2021. See how can we help you with cleaner electricity. The companyis headquartered in Kansas City, with projects in various phases across 27 states. Thesetermsare also used where no useful purpose is served by identifying the particularentityorentities. Business customers, View Shell Trading and Supply, View Renewables and Energy Solutions, Latest News From Shell Renewables & Energy Solutions, View Theseriskfactors alsoexpressly qualify all forward-looking statements contained in thisannouncementand should be considered by the reader. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in thisannouncement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes indemand for Shells products; (c) currency fluctuations; (d) drilling and production results; (e) reservesestimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs;(m) risks associated withthe impactofpandemics, such as the COVID-19 (coronavirus) outbreak;and (n) changes in trading conditions. Shell Brand Licensing, View Transparency and sustainability reporting, View Shells New Energies business focuses on new fuels and power. Neither Royal Dutch Shellplcnor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. Shale Oil and Gas, Putting Safety First in Shale Oil and Gas, Leveraging Technology in Shale Oil and Gas, Social and Environmental Responsibility in Shales, View Renewables and Energy Solutions, View Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing managements expectations, beliefs, estimates, forecasts, projections and assumptions. Shell Catalysts & Technologies, View The energy future, Transforming low-carbon energy supply and demand across sectors, View Debt information. Supporting Education, View The use of the term ShellsNetCarbonFootprint is for convenience only and not intended to suggest these emissions are those of Shell or its subsidiaries. In the future, as society moves towards net-zero emissions, we expect Shells operating plans, outlooks, budgets and pricing assumptions to reflect this movement. Each forward-looking statement speaks only as of the date of thisannouncement, 17 December 2021. News and filings, Renewables and Energy Solutions announcements, View Shell Polymers: A Different Kind of Polymer Supplier, View Sustainability our approach, View With this acquisition, Shell expects to significantly expand its global solar portfolio. We are also investing in residential solar energy storage. The Chief Executive Officer ( CEO ) and co-founder of daystar power, or may be deemed to, Not place undue reliance on forward-looking statements contained in thisannouncement our Media Relations team across world. 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