Royal Dutch Shell has agreed to acquire a 44% stake in Nashville-based solar energy company Silicon Ranch.
Why it matters: This is part of Shell’s expanding alternative energy portfolio, although it remains a very small part of the oil-and-gas giant’s overall business.
Axios energy reporter Ben Geman discusses the confusion that’s come since Interior Secretary Ryan Zinke’s announcement that he’s yanking Florida from the agency’s plan to expand the coastal areas offered for oil-and-gas leasing.