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Shell New Energies

Shell teams up with Convergent for battery storage projects

Fri, 05/10/2019 - 16:29 -- John Shepherd
Shell teams up with Convergent for battery storage projects

Shell has announced plans to install industrial battery storage systems at a number of its facilities as part of a joint venture with energy storage developer Convergent Energy & Power.

The fossil-fuel giant’s Shell New Energies division said the partners are starting with an initial 21MWh of lithium-ion battery systems at two Shell Canada Products facilities in Ontario. 

Shell New Energies
Convergent Energy & Power
battery storage
Lithium-ion
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UK battery tech firm added to Shell collection

Mon, 03/04/2019 - 00:00 -- Hugh Finzel

Fossil-fuel giant Shell has further extended its reach into the energy storage sector with the acquisition of virtual battery systems operating firm, Limejump.

The purchase by Shell’s New Energies division comes hot on the heels of the multinational’s acquisition of all of the shares in German battery storage firm Sonnen, as reported in last week’s BEST Battery Briefing.

Limejump is a UK-based energy storage management company that describes itself as “the first energy company to trade an aggregated unit and the first to trade batteries in the UK balancing mechanism market”.

Shell
Limejump
Shell New Energies
Mergers & Acquisitions
uk
europe
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Anesco-Shell partnership for UK battery storage project

Mon, 01/21/2019 - 20:19 -- John Shepherd

Energy storage developer Anesco is to partner the investment arm of multinational Shell in a UK battery storage project.

Anesco said it will work with Shell New Energies in developing the 1.25-megawatt lithium-ion project at the Bacton gas terminal site on the Norfolk coast.

Anesco will provide the design, procurement, installation, commissioning and maintenance of the utility scale system.

Anesco
uk
Shell New Energies
Lithium-ion
BYD
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Fossil-fuel giants invest in battery storage

Thu, 05/31/2018 - 16:13 -- Xuan Zhong
Fossil-fuel giants invest in battery storage

Germany-based battery storage firm Sonnen and Israeli fast-charge developer StoreDot have secured cash boosts from the investment arms of two fossil fuel multinationals in separate deals.

Germany’s Sonnen has raised EUR60 million ($70.5m) in a financing round led by Shell Ventures— the private equity arm of oil and gas giant Shell.

Sonnen
StoreDot
Shell Ventures
BP Ventures
Shell New Energies
battery storage
Lithium-ion
lithium iron phosphate
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