Shell acquires African power firm Daystar Power
Shell’s renewable energy division has announced its acquisition of the Lagos-based off-grid services provider for an undisclosed amount, marking its first acquisition of an African power firm. Founded in 2017 by African venture builder Sunray Ventures, Daystar Power has raised $97m to date through several rounds of equity and debt financing – the most recent […]
Russian Sanctions, Trussonomics and 1981 America
The current energy crisis faced by UK households and businesses is driven by international prices and geopolitics, since Russia has now all but ceased exporting gas to Europe. This has led to an extreme rise in prices, creating not just a short term challenge for the winter, but for the longer term. Why does this […]
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