This is one of the reasons why Tekedia Capital invested in TradeGrid: the path to energy companies of the future will be totally different from most things we do today. TradeGrid is built for today’s energy while primed for the energies of the future. Also, our members are currently investing in another downstream energy startup which we hope will provide the basic technology operating systems for energy systems of the future. Whether fossil fuel or energy from electrons, measurement and revenue assurance will remain critical (will share name after the cycle closes here).
Yes, Shell has bought Daystar: “Shell has made its first power sector acquisition in Africa with the purchase of a Nigerian renewable energy provider, as the oil major seeks to build out a green energy business that will eventually reduce its dependence on fossil fuels. Daystar Power, which operates in Nigeria, Ghana and three other countries across west Africa, provides solar power and battery solutions to business and industry across the region, including Nigerian Bottling Co, makers of Coca-Cola in the country.”
If Shell is buying solar tech companies, it is time for you to see energy differently. Shell recently paid $1.55bn for India’s Sprng Energy in April. This world is changing rapidly; rethink everything.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
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Register for Tekedia Mini-MBA (Jun 3 - Sep 2, 2024), and join Prof Ndubuisi Ekekwe and our global faculty; click here.
It boils down to seeing the future from the present, if you know what want to be by 2035, it’s now that you you start putting the structures in place. You don’t win by being reactionary.