Shell Plc
Shell-backed Daystar Shines in SA's Power-Hungry Market
Shell-backed Daystar Power is expanding its operations into South Africa to provide alternative power systems as demand increases due to record power cuts. Daystar plans to build up to 120 megawatts of solar power with 400 megawatts across Africa by 2025, targeting large-scale, bankable commercial and industrial users. An office is also opening in Tanzania.
Aug 9, 2023 // Markets & Finance News, Africa, South Africa, Daystar Power, Shell Plc
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and in addition to it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading worldwide capitalist in sustainable facilities
Aug 9, 2022 // Markets & Finance News, CAPEX, Actis, sprng energy, Solar Farms, wind farms, B.V., Shell Overseas Investment, Shell Plc, solar assets, Solenergi Power Pvt Ltd, wind assets
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