Shell Pulls Out of US Offshore Wind Farm Contract

Shell’s finance chief said on Thursday the firm had exited a power purchase agreement (PPA) for the planned SouthCoast windfarm off the coast of Massachusetts, agreeing to pay a penalty rather than face rising costs for building the project.

The post Shell Pulls Out of US Offshore Wind Farm Contract first appeared on Watts Up With That?.

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November 4, 2023 at 08:07AM

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