Suncor to Divest Wind, Solar Assets in Favor of Hydrogen, Renewable Fuels

SUGAR LAND--April 6, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--For years, Canadian oil sands producer Suncor Energy Incorporated (NYSE:SU) has been investing in wind and solar facilities throughout Canada, constructing eight wind power projects in Saskatchewan, Alberta and Ontario. But now, the company is pivoting away from renewable power in favor of hydrogen and renewable fuels production.