Shell is expanding its power business
Shell buys US solar and storage developer
Missouri-based Savion has more than 18GW of utility-scale solar and battery storage capacity under development in the US
Shell is bulking up its global solar portfolio with the purchase of US solar and energy storage developer Savion from Macquarie’s Green Investment Group. Savion has more than 18GW of utility-scale solar power and battery storage capacity under development across more than 100 projects in 26 US states, according to Shell. “Savion’s significant asset pipeline, highly experienced team, and proven success as a renewable energy project developer make it a compelling fit for Shell’s growing integrated power business,” says Wael Sawan, energy solutions director at Shell New Energies US. “Solar power is a critical element of our renewables portfolio” Sawan, Shell New Energies “As one of the
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