Shell Plans To Buy 4 Solar Farms From Anesco

• Shell plans to purchase 4 solar farm projects with a total capacity of 100 MW from Anesco
• These projects are aimed at helping Shell to meet growing demand of its customers for renewable power in the UK
• The power will be supplied to UK customers through power purchase agreements

Global oil and gas major Shell announced that it plans to purchase 4 solar farm projects from UK based solar and storage company Anesco. Located in North Wales, Chester, South Northamptonshire and North Lincolnshire, the total capacity of the projects is about 100 MW. Anesco has been developing these projects for the past 18 months, and they are in the final stages of completion.

The agreement between Shell and Anesco will see the renewable power from these solar projects being supplied to UK customers through power purchase agreements.

Commenting on the development, Head Onshore Power Shell UK Lukas Fleming said, "Shell is building a business that spans the generation, trading and supply of clean energy to homes and businesses here in the UK. Acquisition of these 4 solar energy projects from Anesco will mean we can help meet more of the growing demand for renewable power from our UK customers."

This is not the first time that Shell and Anesco have come together. In the past, they have partnered for a battery storage plant at Shell's Bacton gas terminal site in Norfolk. And as recent as in March 2022, Anesco developed one of the solar farms for Shell in the Netherlands.

Last year, Shell had contracted 2 renewable energy developers in the UK to build over 800 MW PV capacity (see Shell To Develop Solar Power Capacity In UK)

Shell is aiming to be a net zero emissions energy business by 2050. Towards this, subject to approval, the company plans to invest about £25 billion in the UK energy system over the next 10 years.