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Global #Oil: buys #Solar & #Energy Storage


 
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#1 eds

eds

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Posted 27 February 2019 - 12:43 PM

Follow the Money:
. . . Global oil companies,
. . . are plowing "Billions of Dollars" per year into,
. . . solar, and energy storage,
. . . as more nations seek to switch their energy sources,
. . . away from fossil fuels.

The largest of the oil investments into solar was by
. . . Germany’s E.on, with a $5.8 billion investment into
. . . Innogy, earning it a stake of 76.8% of the company.
The next largest acquisition was by
. . . France’s Total, with a $1.7 billion investment in
. . . Direct Energie for a 74.3% stake.

2-27-2019 Source:  Global #Oil: buys #Solar & #Energy Storage

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