Shell completes acquisition of Nigerian solar firm Daystar Power

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First announced in late September, the deal, having scaled regulatory hurdles, is the latest phase of Shell’s march towards providing clean energy via carbon emissions.

“We are thrilled about the completion of this major milestone,” said Jasper Graf von Hardenberg, CEO and Co-founder of Daystar Power in a Friday statement obtained by PREMIUM TIMES.

Africa has 60 per cent of the world’s best solar resources, according to the International Energy Agency, but only has the capacity to generate 1 per cent.The agency estimates the continent requires $190 billion of investment a year between 2026 and 2030 in order to attain its energy and climate goals.

 

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.. providing clean energy via carbon emissions? ? Btw, shell pulled a big one there. Legit bought some future.

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