Energy major Shell and Brazilian steel company Gerdau have penned a 50-50 joint venture (JV) agreement for the development, construction and operation of a 260MWp solar PV project in the solar hotbed state of Minas Gerais.
Oil and gas major Shell has launched the Shell Energy brand in Brazil and has committed to investing R$3 billion (US$570 million) in renewables in the country by the end of 2025
Shell’s energy supply division has launched a new solar and storage tariff in the UK that aims to “revolutionise” how domestic solar installations are used.
The acquisition follows Shell's purchase of Aussie electricity retailer ERM Power in late November and is part of the oil major's drive to establish a "one-stop energy shop" down under.
In other Golden State developments, LA City Council green lights 8minute's 400MW/1,200MWh solar-plus-storage hybrid, set to supply utility LADWP starting 2022.
