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HOUSTON [url=www.eaglesauthoritys… Seumalo Black Jersey[/url] , Jan. 15 (Xinhua) -- A unit of Shell Oil Company announced Monday that it has signed an agreement to acquire nearly half of Silicon Ranch Corporation, a solar developer based in Nashville, Tennessee.


Shell will pay between 193 million and 217 million U.S. dollars if the deals meet regulatory approval, and Shell will also be able to increase its ownership of the company after 2021. Initially [url=www.eaglesauthoritys… Hicks Black Jersey[/url] , Shell hopes to acquire 43.83 percent of Silicon Ranch.


"Partnering with Silicon Ranch Corporation progresses our New Energies strategy and provides our U.S. customers with additional solar renewable options," said Marc van Gerven, Shell vice president of solar. "With this entry into the fast-growing solar sector, Shell is able to leverage its expertise as one of the top three wholesale power sellers in the U.S. [url=www.eaglesauthoritys… Agholor Black Jersey[/url] , while expanding its global new energies footprint."


This investment is part of Shell's New Energies power portfolio, which prioritizes low carbon generation and storage. Shell's interest in Silicon Ranch includes an existing portfolio of approximately 880 megawatts of projects in operation or contracted.


Silicon Ranch Corporation, a developer, owner [url=www.eaglesauthoritys… Hollins Black Jersey[/url] , and operator of solar energy plants in the United States, has a project and development funnel portfolio of approximately 1.9 gigawatts of capacity.


Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, a multinational "oil major" of Anglo-Dutch origins, which is amongst the largest oil companies in the world. Its U.S. headquarters are in Houston [url=www.eaglesauthoritys… Pumphrey Black Jersey[/url] , Texas.




Australia's Qantas has changed its website classification of Taiwan and Hong Kong from separate countries to Chinese territories after Chinese regulators scolded several foreign firms over similar listings.


The airline said Tuesday it was amending an "oversight," following in the footsteps of several other international corporations who were in the past week called out by Chinese authorities.


"Due to an oversight, some Chinese territories were incorrectly listed as 'countries' on parts of our website," a Qantas spokesperson told AFP. "We are correcting this error."


Shanghai's cyberspace authority last week sent a stern message to international firms when it ordered Marriott to shut down its Chinese website for a week and amend the "illegal" categorization of regions.


Spanish clothing giant Zara [url=www.eaglesauthoritys… Douglas Black Jersey[/url] , Delta Air Lines and Medtronic -- a medical device company -- were also called out for listing Tibet, Taiwan and Hong Kong as separate countries.


The firms were urged to "immediately alter their illegal content and publish apologize."


They have since apologized and changed their websites.


In a separate rebuke, the Civil Aviation Administration of China noted in an online statement that Tibet and Taiwan were listed as countries on Delta's official website.


The airline issued a public apology and amended its classification of the regions.


Agencies


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