Shell enters Africa’s power generation game
Nigeria The Lagos-based energy company provides off-grid solar power generation to commercial and industrial clients in Nigeria, Ghana, Senegal and Togo.
The company plans to expand its presence to more countries in East and Southern Africa and increase its installed capacity to 400 MW by 2025.
“We are on-track to increase our installed solar capacity by 135% in 2022,” said Jasper Graf von Hardenberg, CEO and co-founder of Daystar Power.
Cost of the deal was not disclosed.
The purchase is subject to regulatory approvals.
Recent Posts
Seatrium wins yet more FPSO work in Guyana
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore seals $350-million Gulf of Mexico deal
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
ExxonMobil makes deepwater discovery off Angola
ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More
TechnipFMC wins Woodside EPCI contract in Australia
TechnipFMC has been awarded an EPCI contract worth up to USD 250 million by Woodside Energy to fabricate and install… Read More
Hungary’s Mol Nyrt launches $1.4-billion polyol plant
Hungarian refiner Mol Nyrt has inaugurated a USD 1 Read More
UAE’s Mubadala Energy makes major gas find off Indonesia
Mubadala Energy has made a major deepwater gas find off Indonesia with a potential of at least 56 Read More