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Shell to exit renewable energy projects in Brazil
Mar 29, 2025•about 1 year ago
Contract Type
partnership
LondonManufacturingEnergyOil And GasBiomass Energy
Description
Shell has reportedly decided to walk away from solar and onshore wind power generation projects in Brazil, in line with a global strategy that has reduced spending on low carbon businesses, especially renewables. The move also comes in an increasingly challenging environment for renewable power investments in Brazil.
Company Information
Company
Shell plc
Location
London, England, United Kingdom
About
Shell plc is a global group of energy and petrochemical companies. The company explores, produces, and refines oil and gas, and sells petroleum and other chemical products.