Home CSN news Shell completes acquisition of solar and energy storage developer Savion

Shell completes acquisition of solar and energy storage developer Savion


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. Savion will operate as a wholly owned subsidiary of Shell under its existing brand within Shell’s Renewables & Energy Solutions Integrated Power business.

The Savion acquisition complements Shell’s existing investments in the United States in a range of zero- and lower-carbon assets and technologies and continues Shell’s strategy to develop an integrated power business as it moves to become a net-zero emissions energy business by 2050, in step with society.