News wire — Royal Dutch Shell on Tuesday agreed to buy U.S.-based solar and energy storage developer Savion from Macquarie’s Green Investment Group to expand its global solar portfolio.
Shell said the deal adds on to its previous investment in U.S. solar power operator Silicon Ranch, with Savion’s more than 18 gigawatts of solar power and battery storage under development for a variety of customers.
- Reuters (Reporting by Muhammed Husain in Bengaluru; Editing by Amy Caren Daniel)
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