Shell Wind Energy and Savion Equity, subsidiaries of Shell plc, will sell 60% of Brazos Wind farm and 50% of Madison Fields PV project in Texas and Ohio, respectively, to InfraRed Capital Partners. Brazos, undergoing repowering, targets 182 MW output by early 2024, and 180 MW Madison Fields is set for completion by year-end 2023. The sale is anticipated to conclude by early 2024, effective from December 2023.
Shell sells wind & solar stakes in Texas & Ohio
Shell will maintain 100% power offtake from Brazos and act as the asset manager for both projects, benefiting from IRA tax credits. Illustration from Pexels.
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)