Readers should not place undue reliance on forward-looking statements. Energy From Deep Water, About Shell Deep Water in the Gulf of Mexico, Shells Deep Water Portfolio in the Gulf of Mexico, Shells ambition to be a net-zero emissions energy business, View Sustainability, View Business customers, View Subsidiaries, Shell subsidiaries and Shell companies as used in thisannouncementrefer toentitiesoverwhich Royal Dutch Shellplceither directly or indirectly has control. Engine oil and lubricants, Shell Coolants Limited Liability Warranty, View Sectoral decarbonisation: transportation and industrial customers, Shell builds a winning consortium to accelerate the electrification of off-road mining vehicles, View Safety, View Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie's Green Investment Group. Sustainability our approach, View They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Shale Oil and Gas, Putting Safety First in Shale Oil and Gas, Leveraging Technology in Shale Oil and Gas, Social and Environmental Responsibility in Shales, View Careers at Shell, View Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. News and filings, View Candidate Resource Centre, View Shell for suppliers, View Tweet. Information for shareholders, View Shell Fleet Solutions, Health, Security, Safety and the Environment, Accelerate to Zero | Shell Fleet Solutions & Consultancy, View Transparency and sustainability reporting, Voluntary reporting standards and ESG ratings, View Dividend information, View Savion specialises in developing solar power and energy storage projects and currently has more than 18 gigawatts of solar power and battery storage under development for a variety of customers, including utilities and major commercial and industrial organisations. LOS ANGELES, Jan. 30, 2019 /PRNewswire/ -- Greenlots, a US-based leader in electric vehicle (EV) charging and energy management software and solutions, today announced it has signed an agreement to become a wholly owned subsidiary of Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc. Sectoral decarbonisation: transportation and industrial customers, Shell builds a winning consortium to accelerate the electrification of off-road mining vehicles, View Shell Chemicals, The benefits of chemicals in everyday life, Chemical recycling: tackling plastic waste, View Candidate Resource Centre, 4 tips to excel in a Shell face-to-face interview, 7 tips to prepare Students & Graduates for an online video Interview, 10 employees share their first week at Shell, 9 ways to help you find the right career path, View People and communities, View Shell completes acquisition of solar and energy storage developer Savion Shell launches 25-megawatt solar plant in Oman Silicon Ranch closes $225 million equity raise with existing shareholders Shell Australia to build its first large-scale solar farm in Queensland sonnen turns 10: helping homes share solar power Shell is building an integrated power business. Shell Commercial Road Transport, View As one of the fastest-growing, lowest-cost renewable energy sources, solar power is a critical element of our renewables portfolio as we accelerate our drive to net zero.. Ways to save, View In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in thisannouncement. Business Customers, View Additionalriskfactors that may affect future results are contained in Royal Dutch ShellsForm20-F for the year ended December 31,2020(available atwww.shell.com/investorandwww.sec.gov). Shell Liquefied Petroleum Gas (LPG), View Shell only controls its own emissions. Together we are a force for good, Force For Good - St Vincents Mobile Healthcare, Force for Good - Truckers Against Trafficking, Force for Good - Hasbro Childrens Hospital, Mobile Payment at Shell via third-party apps: General terms and conditions of use, View The Future. Daystar Power, which is one of the leading providers of hybrid solar power solutions to commercial and industrial (C&I) hubs in West Africa, announced the potential acquisition in a press release. Industrial Lubricants and Oils for Business, Sectoral decarbonisation: transportation and industrial customers, Transparency and sustainability reporting, Integrating sustainability into our activities, View Renewables and Energy Solutions, Latest News From Shell Renewables & Energy Solutions, View The role technology plays, View Entitiesoverwhich Shell has significant influence butneithercontrolnor joint controlare referred to as associates. The acquisition increases Shell's solar development pipeline in Italy to approximately 2GW and supports Shell's global ambition to supply customers with renewable power. Environment, Plastic waste management and initiatives at Shell, View Shell Brand Licensing, View Savion specialises in developing solar power and energy storage projects and currently has more than 18 gigawatts of solar power and battery storage under development for a variety of customers, including utilities and major commercial and industrial organisations. People and communities, View Digitalisation in Energy, View Aviation, View Energy and Innovation, View Shell only controls its own emissions. Under the agreement announced. Aviation, Flightpath: exploring the future of aviation, View People and communities, View Candidate Resource Centre, 4 tips to excel in a Shell face-to-face interview, 7 tips to prepare Students & Graduates for an online video Interview, 10 employees share their first week at Shell, 9 ways to help you find the right career path, View Electricity, View Shell Trading and Supply, View Shell Sulphur Solutions, View Electricity, Another step towards a global electricity business, View Also, in thisannouncement we mayrefer to ShellsNetCarbonFootprint, whichincludes Shells carbon emissions from the production of our energy products, our suppliers carbon emissions in supplying energy for that production and our customers carbon emissions associated with their use of the energy products we sell. Annual General Meeting, View Shell Motorsport, View Safety, View Aviation, Flightpath: exploring the future of aviation, View Yours to Make. Shell Brand Licensing, View Electricity, View Scroll. Integrated power is key driver in our Powering Progress strategy and commitment to achieve net zero by 2050. The Future. Integrating sustainability into our activities, View The use of the term ShellsNetCarbonFootprint is for convenience only and not intended to suggest these emissions are those of Shell or its subsidiaries. Shell Construction and Road, View The use of the term ShellsNetCarbonFootprint is for convenience only and not intended to suggest these emissions are those of Shell or its subsidiaries. Conservation, Partnerships in Conservation Educational Video Library, Come Meet Shelley, Shells Snapping Turtle Greeter on Belle Isle, @shellstationsus + shell freedom over texas #recreateresponsibly sweepstakes terms and conditions, Shell Pipeline kicks off Wildflower Energy Project, View shell solar acquisition. AMSTERDAM, Sweden - April 29, 2002 . Shell Trading US Company, View Shell has completed its 100 percent acquisition of Solenergi Power and with it the Sprng Energy group of companies from Actis Solenergi. Industrial Lubricants and Oils for Business, Sectoral decarbonisation: transportation and industrial customers, Transparency and sustainability reporting, Integrating sustainability into our activities, View We are also investing in residential solar energy storage. The corporate headquarters are in Germany. Subsidiaries, Shell subsidiaries and Shell companies as used in thisannouncementrefer toentitiesoverwhich Royal Dutch Shellplceither directly or indirectly has control. Entitiesoverwhich Shell has significant influence butneithercontrolnor joint controlare referred to as associates. Shell Construction and Road, View Shell Commercial Fuels, View Wemay haveusedcertain terms, such as resources,in thisannouncementthattheUnited States Securities and Exchange Commission (SEC)strictly prohibitsus from including inourfilings with the SEC. Shell Commercial Fuels, View Savions significant asset pipeline, highly experienced team, and proven success as a renewable energy project developer make it a compelling fit for Shells growing integrated power business, said Wael Sawan, Integrated Gas and Renewables & Energy Solutions Director. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. The acquisition is expected to close by year end. Investors, View Mobility, Explore Shells Energy Transformation Scenarios, Share your idea and transform the energy industry, View Shell Chemicals, View Careers at Shell, View The acquisition is expected to close by year end. Entities and unincorporated arrangementsover which Shell has joint control are generally referred toasjoint ventures andjoint operations,respectively. Marine, HSSE & Social Performance Commitment and Policy, Smarter maintenance for optimised performance, View Shells New Energies business focuses on new fuels and power. Sonnen is to sit as a wholly-owned subsidiary of Shell should the acquisition clear regulatory approvals, and the deal comes less than a year after Shell made an investment in the battery firm.. Shell Catalysts & Technologies, View Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View Read more here, First Middle East project launched by Oman Shell, comprises 88,000 solar panels and generates 25 megawatts. Dividend information, View Electricity, Another step towards a global electricity business, View Shell Fleet Solutions, View Following Shell's acquisition, Daystar aims to broaden its services to companies by offering standalone solar or hybrid solutions including gas generators, Hardenberg said. Sustainability, View Accordingly, Shells operating plans, outlooks, budgets and pricing assumptions do not reflect our net-zero emissions target. Shale Oil and Gas, Putting Safety First in Shale Oil and Gas, Leveraging Technology in Shale Oil and Gas, Social and Environmental Responsibility in Shales, View Shell Fleet Solutions, Health, Security, Safety and the Environment, Accelerate to Zero | Shell Fleet Solutions & Consultancy, View Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Yours to Make. With this acquisition, Shell expects to significantly expand its global solar portfolio. ESG information hub, View Results and reporting, View Industrial Lubricants and Oils for Business, View Information for shareholders, View Sectoral decarbonisation: transportation and industrial customers, View Electricity, View Shell Fleet Solutions, View In the future, as society moves towards net-zero emissions, we expect Shells operating plans, outlooks, budgets and pricing assumptions to reflect this movement. Shell for suppliers, Purchase order general terms and conditions, Shell invoicing channels and invoice requirements, Electronic signature data privacy statement, View Shell Fleet Solutions, Health, Security, Safety and the Environment, Accelerate to Zero | Shell Fleet Solutions & Consultancy, View Business customers, View The role technology plays, Chief Technology Officer and Chief Scientists, View Daystar Power CEO Jasper Graf von Hardenberg and the management team will continue to run the company Pending regulatory approvals. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in thisannouncement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes indemand for Shells products; (c) currency fluctuations; (d) drilling and production results; (e) reservesestimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs;(m) risks associated withthe impactofpandemics, such as the COVID-19 (coronavirus) outbreak;and (n) changes in trading conditions.
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