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RDSA Shell Plc

1,895.20
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:RDSA London Ordinary Share GB00B03MLX29 'A' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,895.20 1,900.20 1,900.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Shell Enters Into Deal to Develop Up to 1.35GW of Floating Wind Offshore Ireland

18/11/2021 3:15pm

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By Jaime Llinares Taboada

 

Royal Dutch Shell PLC said Thursday that it has signed a deal with renewable energy company Simply Blue Group to develop a floating wind farm off the coast of Ireland.

The oil-and-gas company will take a 51% stake in Simply Blue's Western Star venture, which will seek to build up to 1.35 gigawatts of power generation capacity, including 300-450 megawatts in the first phase.

"Floating wind technology can be installed in deeper waters than fixed wind turbines allowing this project to be placed 35km-60km offshore, keeping visual impact to a minimum," Shell said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

November 18, 2021 10:00 ET (15:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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