- AuthorAndreas Franke
- EditorJonathan Fox
- CommodityElectric Power
London — Oil major Shell’s new energy unit has joined a consortium for the 500 MW offshore wind project at Dunkirk to be tendered by the French government in H1 2019.
Shell is already part of a successful consortium that was awarded the 730 MW Borselle 3 and 4 offshore wind tender in the Netherlands at Eur54.60/MWh.
Shell’s New Energy unit plans to invest an average $1 billion-$2 billion per year until 2020 in mainly renewable energy projects, it said.
–Andreas Franke, [email protected]