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More power to Foresight Solar’s subsidy-free solar farm

Emily Gosden, Energy Editor: Monday September 07 2020, 12.00am, The Times

A listed solar power fund is building its first subsidy-free solar farm after securing a deal to sell its electricity to Royal Dutch Shell.

Foresight Solar, a FTSE 250 fund, said that it would spend £18 million on the 26-megawatt Virgen del Carmen solar farm in southwestern Spain. Its first deal outside Britain and Australia would take its portfolio to 55 assets with 895 megawatts of capacity, it said.

Its existing solar farms benefit from government-backed subsidy schemes, but the Spanish project got the go-ahead solely based on commercial revenues, thanks to a deal to sell the electricity at a fixed price to Shell Energy Europe, a power division of the Anglo-Dutch oil major. The solar farm is expected to be built by the third… read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Europe’s Big Oil Companies Are Turning Electric

Under pressure from governments and investors, industry leaders like BP and Shell are accelerating their production of cleaner energy.

By : Aug. 17, 2020, 3:00 a.m. ET

This may turn out to be the year that oil giants, especially in Europe, started looking more like electric companies.

Late last month, Royal Dutch Shell won a deal to build a vast wind farm off the coast of the Netherlands. Earlier in the year, France’s Total, which owns a battery maker, agreed to make several large investments in solar power in Spain and a wind farm off Scotland. Total also bought an electric and natural gas utility in Spain and is joining Shell and BP in expanding its electric vehicle charging business. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell CEO Ben van Beurden insists he doesn’t run an oil company any more

By Akshat Rathi and Laura Hurst: 9 JUNE 2020

Royal Dutch Shell Plc had been turning out about 2.7 million barrels of oil each day until the novel coronavirus took hold of the world. Demand for oil, the company’s core product, dropped almost a third in April, and the price of West Texas Intermediate briefly dipped into negative numbers for the first time.

It’s not easy to run an oil major when people suddenly stop needing oil. Chief Executive Officer Ben van Beurden responded by slashing spending and cutting Shell’s dividend for the first time since World War II. And, as critics warned, the company remains saddled with debt from its $53 billion acquisition of BG Group in 2015. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

InvestorPlace.com: Shell Knows It’s a Zombie as Long as It Focuses on Fossil Fuels

The petroleum giant is adjusting to falling oil demand, cutting both its dividend and its capital budget

By Dana Blankenhorn, InvestorPlace Contributor

The difference between Royal Dutch Shell and Exxon Mobil (NYSE:XOM) is that Shell knows it’s a zombie, something Exxon refuses to believe. Regardless of whether you trade the Dutch version of Shell stock (NYSE:RDS.A) or the British version (NYSE:RDS.B), you’re buying an fossil fuel company that is now promising to disappear.

Shell CEO Ben van Beurden put it this way: “There is an energy transition underway which may even pick up speed in the recovery phase of this crisis and we want to be well positioned for it.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

RECHARGE: Shell to trade power from ‘Europe’s largest battery’ built by China in UK

Shell will buy and trade electricity from what’s claimed to be Europe’s biggest battery storage project currently being built by Chinese players in the UK, in another big step by the oil group into the power sector.

Shell Energy Europe signed a multi-year offtake deal for output from the 100MW/100MWh Minety storage project in southwest England, underway under a collaboration between China Huaneng Group and Chinese sovereign wealth fund CNIC.

Power from the project, designed to balance intermittent wind and solar output on the UK grid, will be traded by Shell’s specialist Limejump subsidiary, which is claimed to manage the largest network of batteries in the UK. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Guardian: Greenpeace blocks BP HQ with solar panels on new CEO’s first day

Greenpeace members have blocked BP’s headquarters with solar panels and oil barrels to mark Bernard Looney’s first day as chief executive.

About 100 environmental activists took 500 solar panels to the central London building at 3am on Wednesday as Looney prepared to take up his new role. Some protesters sat underneath the solar panels after they were prevented from installing them on the pavements and roads near the office. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

EnergyVoice.com: Equinor, Shell part of new group preparing ocean renewables plan

by 

Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.

Other members of the Ocean Renewable Energy Action Coalition include CWind, Global Marine Group, JERA, MHI Vestas, Mainstream Renewable Power, Shell, Siemens Gamesa, TenneT and The Crown Estate.

The coalition was formed in response to the September 2019 Call for Ocean-Based Climate Action made by the High-Level Panel for a Sustainable Ocean Economy. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

THE GUARDIAN: Royal Dutch Shell may fail to reach green energy targets

Royal Dutch Shell is at risk of falling short on plans to invest up to $6bn (£4.6bn) in green energy projects between 2016 and the end of 2020, with its slow progress likely to raise concern that oil companies are not moving fast enough to help tackle the climate crisis.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Financial Review: Shell on the growth path after ESCO solar splash

Angela Macdonald-Smith
Angela Macdonald-Smith Senior Resources Writer: Dec 16, 2019

Shell has flagged a hunger for more acquisitions and hinted at interest in pumped hydro generation as it furthers its aggressive expansion into electricity supply in Australia with the purchase of a 49 per cent stake in solar farm developer ESCO Pacific.

The deal, the price of which wasn’t disclosed, follows just weeks after the energy major completed its $617 million acquisition of ERM Power, which launched it into the electricity retailing sector in Australia. It also acquired German household battery supplier sonnen earlier this year. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Once Hailed As A Renewable Mecca, Georgetown Hires Shell To Manage Its Energy Portfolio

The City of Georgetown earned international attention a few years ago by becoming the largest city in the U.S. to run completely on renewable power. Now, the city has chosen a subsidiary of Shell Oil to take over management of its energy holdings.

In 2015, when Georgetown went 100% renewable, it signed contracts for more electricity than it needed, hoping to sell the extra power back to the Texas grid for profit. Then energy prices fell; Georgetown lost money and needed to raise rates for its utility customers to cover the cost. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Renewables Now: Solar park of 102.5-MW goes live to supply Facebook data centre in Georgia

Solar park of 102.5-MW goes live to supply Facebook data centre in Georgia

The Bancroft Station Solar Farm. Image by: PRNewsfoto/Walton EMC.

The power plant itself was installed by Silicon Ranch, whose largest shareholder is oil and gas giant Royal Dutch Shell Plc

December 13 (Renewables Now) – A 102.5-MW solar park in Georgia that will be powering a Facebook data centre in the state’s Newton County has been put on stream.

The Bancroft Station Solar Farm, named to the original name of the local area in Early County, will be supplying electricity to social media giant Facebook (NASDAQ:FB) through a contract with utility Walton Electric Membership Corp (EMC), the latter said on Thursday. The power plant itself was installed by Silicon Ranch, whose largest shareholder is oil and gas giant Royal Dutch Shell Plc (AMS:RDSA). read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Energy signs solar PPA for energy produced by EDF California project

Shell Energy signs solar PPA for energy produced by EDF California project

Rod Walton:

EDF Renewables North America and Shell Energy North America have signed a 15-year power purchase agreement for 132 MW of solar output in Riverside County, California.

The Maverick 7 project is part of the Palen Solar site to be built on 3,140 acres of federal lands. The U.S. Bureau of Land Management completed the federal permitting process approving the project in October 2018.

The project is expected to be completed and operational by the end of 2021.

“Palen Solar, with a total of 500 MW of solar capacity, demonstrates EDF Renewables’ long-term commitment to solar development in California,” said Dai Owen, vice president of power marketing for EDF Renewables. “The project uniquely positions the company to help load-serving entities meet their long-term carbon goals and obligations under California’s Renewable Portfolio Standard (RPS) by offering smaller tranches at industry-leading prices.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

OilPrice.com: Big Oil Fights For Its Life

Big Oil Fights For Its Life

Just as Big Oil has returned to growing profits after the 2015-2016 price crash, the world’s largest oil companies are facing another formidable challenge amid growing calls from activists, shareholders, and institutional investors to start saving our planet.

The world’s largest oil firms already invest in green energy—including in wind, solar, biofuels, hydrogen, and electric vehicles (EVs) charging networks—but these alternatives are not their core business and will not be such for years, and probably decades, to come. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Reuters: Shell exploring solar panels to power Singapore refinery site

SINGAPORE (REUTERS) – Royal Dutch Shell is considering installing solar panels to power its Bukom refining site in Singapore, a company spokesman told Reuters on Tuesday (Aug 6).

“We are exploring the potential of installing solar panels at our Pulau Bukom Manufacturing Site,” she said, without providing further details.

The Bukom manufacturing site includes a 500,000 barrels-per-day refinery, which is Shell’s largest wholly-owned refinery.

The oil and gas company has been exploring solar installations for its other sites in Singapore as part of its plans to improve energy efficiency and reduce its carbon footprint. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Rooftop solar at Shell units in Europe, Asia to generate 7,500 MWh a year

Rooftop solar at Shell units in Europe, Asia to generate 7,500 MWh a year

The panels can result in the avoidance of greenhouse gas emissions of about 4,500 tonne on a CO2-equivalent basis per year, equivalent to taking about 2,600 cars off the road for one year, a statement by the company said.

August 06, 2019, 07:42 IST

New Delhi: Lubricants major Shell on Monday said it is installing solar photovoltaic panels on the roofs of seven of its plants in India, China, Italy, Singapore and Switzerland, which would generate 7,500 MWh of power annually.

The panels can result in the avoidance of greenhouse gas emissions of about 4,500 tonne on a CO2-equivalent basis per year, equivalent to taking about 2,600 cars off the road for one year, a statement by the company said.

Combined, they are expected to generate over 7,500 megawatt hours (MWh) of electricity a year, it added. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

REUTERS: Shell aims to beat power utilities at their own game

By Ron Bousso and Susanna Twidale: Reuters June 19, 2019

LONDON (Reuters) – Royal Dutch Shell wants to build a power business more profitable than the competitive sector’s existing players, banking on its global scale and oil and gas income to maximise on the transition to cleaner energy.

Demand for electricity is set to soar as Asian economies grow and electric vehicles replace petrol cars. Shell is under pressure to shed the Oil Majors’ century-old business model and position itself for a future with lower use of fossil fuels. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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