Shell signs deal with UK solar developers for 800 megawatts

Shell has signed deals with two UK solar developers to support development of utility-scale solar projects exceeding 800MW.

Shell has signed a framework agreement with the renewable energy developer Island Green Power to develop solar projects with co-located battery storage potential, with an initial collaboration on over 700MW total generating capacity.

Shell has also partnered with Clearstone Energy to develop several utility-scale solar PV projects in the south-east of England, with a total combined export capacity of 100MW with co-located storage potential.

Both deals would be subject to a future final investment decision.

[Staff Report]

5 October 2021

IEEFA