Shell has continued to diversify its interests by buying a stake in Silicon Ranch Corporation, a company that owns and operates solar plants, giving it access to solar energy with almost a half share in the company.

The acquisition follows BP’s buy-in to Lightource, a similar company, and Shell’s own purchase of energy distributor First Utility.

Both BP and shell are now investing heavily in new and renewal energies division, as the oil major attempt to offset the decline in oil as a primary fuel and answer critics of fossil fuel use.

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