Shell Involved in $9 Billion Worth of North American Renewable Energy Projects

May 26, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--European energy majors have been taking strides to make their portfolios greener and prepare for a future in which peak oil demand has come and gone. Among the large companies traditionally based on oil and gas that are gradually making their way toward greener projects is Shell plc (NYSE:SHEL) (London, England), which aims to have net-zero emissions by 2050. Shell has purchased stakes in companies or established subsidiaries to establish green energy projects throughout the world. Industrial Info is tracking nearly $9 billion worth of U.S. renewable energy projects involving Shell and associated companies.