{"id":13732,"date":"2017-08-02T06:24:52","date_gmt":"2017-08-01T19:54:52","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=13732"},"modified":"2017-08-02T06:24:52","modified_gmt":"2017-08-01T19:54:52","slug":"shell-solar-investement-mb0149","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/shell-solar-investement-mb0149\/","title":{"rendered":"Shell Tentatively Stepping Back Into Solar Energy"},"content":{"rendered":"
\"Shell

Shell eyeing Asia-Pacific solar market<\/p><\/div>\n

Shell has sunk a chunk of change in Singapore’s Sunseap Group, with view to collaborating with the company on solar projects in the Asia Pacific.<\/p>\n

To date, Sunseap has racked up 160 megawatts of distributed solar contracts in Singapore. It also holds a local electricity retailer license and has secured further utility scale solar projects in the region.<\/p>\n

\u00a0“As part of our collaboration, there are many capabilities and knowledge that we can cross leverage upon to deploy distributed solar generation projects in the Asian markets,\u201d said<\/a> Sunseap’s Camillus Yang.<\/p><\/blockquote>\n

Mr. Yang previously served on the Board of Directors of Shell Singapore Credit Union as the Finance Director.<\/p>\n

Sunseap’s client list includes Apple, ABB and the Singapore Housing Development Board. In 2015, the largest tender to date in both the public and private sectors in Singapore was awarded to Sunseap for 76 MWp pf solar PV capacity under the city-state’s SolarNova program\u00a0<\/span><\/p>\n

The amount invested by Shell Technology Ventures has not been disclosed.<\/p>\n

Shell’s Rocky Relationship With Solar<\/h2>\n

Shell has had a complex relationship with solar power<\/a> over the years. At one stage, the company fully embraced it, even producing Shell solar panels. It started distancing itself from the technology in 2007\/2008 when oil prices were sky-high, and suspended all solar projects in 2009; stating it would focus on biofuels. The timing wasn’t great as solar was just starting to boom and oil was experiencing another dip – however, it would soon rebound.<\/p>\n

Shell’s exit from solar was not smooth<\/a>.<\/p>\n

Shell’s public attitude towards solar energy started to change in\u00a0 2013, with a report<\/a> from the company stating solar panels might become the world\u2019s largest primary source of energy by 2070. Stronger signals from the company came in 2015 (when oil prices were again in a slump), with Shell CEO Ben van Beurden stating<\/a> solar power would become the “dominant backbone of our energy system”.<\/p>\n

Last year, Mr. van Beurden restated his interest in solar<\/a>, but said Shell would “have to find a way of making money out of it” and not rely on subsidies.<\/p>\n

Even during its time in the wilderness, Shell has still had a toe in solar waters.<\/p>\n

In May we mentioned\u00a0 the installation of solar panels on Shell\u2019s headquarters<\/a> in Thailand.\u00a0 Solar Frontier panels<\/a> were used for that project – and Solar Frontier is owned by Showa Shell Sekiyu Kabushiki Kaisha, the base of Royal Dutch Shell group in Japan. Showa Shell Sekiyu has been dabbling in solar energy since 1978.<\/p>\n

Shell also invested in Glasspoint Solar in 2012 – but that company’s products were very closely aligned to Shell’s fossil fuel interests, as Glasspoint was developing solar steam generator technology for use in thermal enhanced oil recovery.<\/p>\n

Regardless of its chequered solar history, Shell’s latest move is providing another signal to fossil fuel majors to get their PV game on. In June, research firm Wood Mackenzie warned the momentum of renewables was unstoppable<\/a> and oil and gas majors best get on board – soon.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shell has sunk a chunk of change in Singapore’s Sunseap Group, with view to collaborating with the company on solar projects in the Asia Pacific.<\/p>\n","protected":false},"author":17,"featured_media":13733,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-13732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nShell Tentatively Stepping Back Into Solar Energy - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Shell has sunk a chunk of change in Singapore's Sunseap Group, with view to collaborating with the company on solar projects in the Asia Pacific.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/shell-solar-investement-mb0149\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shell Tentatively Stepping Back Into Solar Energy\" \/>\n<meta property=\"og:description\" content=\"Shell has sunk a chunk of change in Singapore's Sunseap Group, with view to collaborating with the company on solar projects in the Asia Pacific.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/shell-solar-investement-mb0149\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-01T19:54:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/shell-solar-power.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"409\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/shell-solar-investement-mb0149\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/shell-solar-investement-mb0149\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Shell Tentatively Stepping Back Into Solar Energy\",\"datePublished\":\"2017-08-01T19:54:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/shell-solar-investement-mb0149\\\/\"},\"wordCount\":520,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/shell-solar-investement-mb0149\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/shell-solar-power.png\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/shell-solar-investement-mb0149\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/shell-solar-investement-mb0149\\\/\",\"url\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/shell-solar-investement-mb0149\\\/\",\"name\":\"Shell Tentatively Stepping Back Into Solar Energy - 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As you can see by the depiction above, calling the project offshore or sea-based is probably a bit\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Floating solar power - Singapore","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/floating-solar-singapore.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/floating-solar-singapore.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/floating-solar-singapore.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/floating-solar-singapore.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":30581,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-huggies-mb1069\/","url_meta":{"origin":13732,"position":1},"title":"Solar Powering Huggies Production Plant","author":"Michael Bloch","date":"May 27, 2019","format":false,"excerpt":"Kimberly-Clark has flipped the switch on huge rooftop solar power system that will generate equivalent to 15% of the electricity used by its Huggies diaper (nappy) and baby wipe factory in Tuas, Singapore. The company says the 7,730 solar panels mounted on the factory's roof will generate \"3.5 gigawatt hours\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar Energy - Kimberly Clark - Huggies Factory","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solar-power-huggies.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solar-power-huggies.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solar-power-huggies.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solar-power-huggies.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solar-power-huggies.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":27992,"url":"https:\/\/www.solarquotes.com.au\/blog\/shell-sonnen-battery-mb0941\/","url_meta":{"origin":13732,"position":2},"title":"Shell To Acquire Solar Battery Manufacturer Sonnen","author":"Michael Bloch","date":"February 18, 2019","format":false,"excerpt":"Shell announced on Friday its intention to acquire German battery maker Sonnen - the company will become a wholly owned subsidiary of the fossil fuel giant.\u00a0 Shell says the acquisition by Shell Overseas Investment B.V. will accelerate the ability of the two companies to provide integrated energy services and electric\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Shell to acquire Sonnen","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/shell-sonnen-battery.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/shell-sonnen-battery.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/shell-sonnen-battery.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/shell-sonnen-battery.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":14375,"url":"https:\/\/www.solarquotes.com.au\/blog\/delga-solar-farm-shell-mb0179\/","url_meta":{"origin":13732,"position":3},"title":"Queensland’s Delga Solar Farm Gets Green Light","author":"Michael Bloch","date":"August 24, 2017","format":false,"excerpt":"Western Downs Regional Council has approved development of another large solar farm in its region - this one a Shell Australia project. The proposed 250MW Delga Solar Farm is to be situated approximately 25 kilometres south-west of Wandoan on 400 hectares of land and connected to Powerlink's Wandoan South substation.\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Shell Australia solar project","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/shell-western-downs-solar.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/shell-western-downs-solar.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/shell-western-downs-solar.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/shell-western-downs-solar.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":39072,"url":"https:\/\/www.solarquotes.com.au\/blog\/shell-net-zero-emissions-1491\/","url_meta":{"origin":13732,"position":4},"title":"Shell Pledges Net Zero Emissions","author":"Michael Bloch","date":"April 20, 2020","format":false,"excerpt":"Has fossil fuel goliath Shell had a real road to Damascus moment? The company says it plans to become a net-zero emissions energy business by 2050. \"Society\u2019s expectations have shifted quickly in the debate around climate change,\" said Ben van Beurden, Chief Executive Officer of Royal Dutch Shell late last\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Shell - net zero emissions","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/shell-zero-emissions.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/shell-zero-emissions.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/shell-zero-emissions.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/shell-zero-emissions.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/shell-zero-emissions.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":2383,"url":"https:\/\/www.solarquotes.com.au\/blog\/pacific-energy-summit-hears-calls-for-better-funding-for-renewable-projects\/","url_meta":{"origin":13732,"position":5},"title":"Pacific Energy Summit hears calls for better funding for renewable projects","author":"Staff Writer","date":"April 2, 2013","format":false,"excerpt":"It may have received scant attention in the Australian mainstream, whose attention may have been distracted by aborted leadership coups, football kickoffs et al, but a very important energy summit (including the latest in Pacific solar energy projects) took place in Auckland, New Zealand last week. Eighteen Pacific nations attended\u2026","rel":"","context":"In "Solar Policy"","block_context":{"text":"Solar Policy","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-policy\/"},"img":{"alt_text":"pacific energy summit logo","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2013\/04\/pacificenergysummit.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=13732"}],"version-history":[{"count":1,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13732\/revisions"}],"predecessor-version":[{"id":13734,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13732\/revisions\/13734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/13733"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=13732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=13732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=13732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}