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Posts on ‘April 16th, 2017’

Shell wants Dutch government to target 20 GW in offshore wind by 2030

Apr. 13, 2017 8:25 AM ETBy: , SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) says it has urged the Dutch government to come up with bolder offshore wind targets and quadruple the goal for installed capacity to 20 GW by 2030.

Shell, which has traditionally invested little in green energy sources, is ramping up renewable energy investments to $1B/year by the end of the decade after pressure from shareholders.

Some of the company’s recent activities in renewable energy include winning a contract leading a consortium to build a wind farm off the coast of the Netherlands and bidding for an offshore wind license in the U.S.

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