- Shell has fully acquired Daystar Power.
- The firm aims to increase its installed solar capacity to 400MW by 2025.
The renewable energy arm of London-based Energy giant Shell has fully acquired Daystar Power, a Nigerian solar firm, to help it expand its operations across the African continent.
Daystar Power aims to increase its installed solar capacity to 400MW by 2025.
CEO and Co-founder of Daystar Power, Jasper Graf von Hardenberg, stated that the company is thrilled about completing this significant milestone.
He added, “given the urgency of the energy crisis and the pressure on businesses across Africa, we are deeply committed to our mission to reduce energy costs and carbon emissions. As part of Shell, we can grow faster in delivering clean and affordable energy to our customers.”