Shell acquires a 20% stake in Orb Energy.

Shell Energy Solutions, a subsidiary of Royal Dutch Shell, a leading oil and gas company acquires a 20% stake in Orb Energy, a leading provider of solar energy solutions in India. Financial terms were not disclosed. Orb Energy offers SMEs credit to invest in their own rooftop solar systems, driving Orb Energy’s growth in sales and helping Indian businesses boost their competitiveness. "We are delighted that Shell New Energies has recognized our work and decided to invest in a close to 20% stake. Shell’s investment will power the next phase of our growth and ensure that more underserved SMEs in India can benefit from clean, lower-cost electricity from solar.” Damian Miller, Orb Energy Chief Executive Officer.