World, As Seen from the most beautiful islands: Ireland and Cyprus

Shell invests in Indian solar energy giant


Shell, through a subsidiary, has taken a 20 percent interest in the Indian solar panel company Orb Energy. This company offers small and medium-sized companies the opportunity to invest in solar panels. In this way, Orb Energy has already sold 160,000 systems, with a total capacity of 75 megawatts.

Shell invests in the company through Shell Energy Solutions. Financial details were not disclosed.

It is not the first investment in India for the Dutch-British oil and gas company. Shell wants to tackle so-called ‘energy poverty’ in Africa and Asia and has set itself the target of supplying 100 million people in developing countries with reliable energy in eleven years.

Written by: Patrick O'Brien

Patrick O'Brien is a student who is taking only the first steps in journalism. The main interest is events from the world of macroeconomics and finance.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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