Renewable Market Welcomes New Investments, This Time From Multinational Shell

Written by Roberta Souza

Published on 08/02/2021 at 16:47

Shell investe em energia renovável

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Focused on Renewables, Shell Plans to Invest in Hydrogen This Time

Shell is committed to the rapid growth of the renewable energy market, focusing on hydrogen usage, the growth of biofuels, and energy trading. The company has strategically moved away from oil production in line with market prospects. The oil company’s official strategy will be announced on February 11, according to an article published by Petronotícias.

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Commitment to Carbon Emissions:

In addition to abandoning fossil fuels, the Anglo-Dutch company also aims to increase its appeal to investors concerned about the energy giant’s prospects for reducing greenhouse gas emissions in a changing world.

Shell announced in October 2020 that it would increase its spending on low-carbon energy by 25% within five years. Recently, the company announced that it wanted to develop a solar energy project in Paraíba. The project comprises seven parks with an installed capacity of approximately 323 MW. The request for authorization from Aneel is the first step to enable energy generation projects.

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Petrobras in the Market:

Major oil companies worldwide, such as Equinor, BP, and Total, have shown plans to expand their businesses in the renewable energy market. Petrobras, according to the company’s executive, stated that it lacks expertise in this area and therefore prefers to invest in a method it knows: oil and natural gas production.

Roberto Castello Branco said, “We do not have competence in this area, we are humble, we will not go out buying offshore wind farms or investing in energy transmission and other things. We will invest in what we know how to do well: oil and gas production.”

Renewable Market Welcomes New Investments, This Time From Multinational Shell

Focused on Renewables, Shell Plans to Invest in Hydrogen This Time

See Other News of the Day:

Commitment to Carbon Emissions:

Petrobras in the Market:

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Renewable Market Welcomes New Investments, This Time From Multinational Shell

Focused on Renewables, Shell Plans to Invest in Hydrogen This Time

See Other News of the Day:

Commitment to Carbon Emissions:

Petrobras in the Market:

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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Japan teaches the world how giant arched gates weighing up to 530 tons protect Osaka from devastating typhoons, block storm surges in minutes, and drain 330 m³/s to prevent urban flooding.

One of the biggest mudslides ever recorded on the Trans-Amazon Highway trapped trucks, cars, and motorcycles at the same spot for three consecutive days while a tractor with a winch tried to free them one by one under the rain.

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Federal Institute will pay you R$ 300 for a free course: IFSP calls women for 320 in-person vacancies in 8 cities, with 60 hours of training and registrations open until April 21, 2026.

Senar opens more than 3,000 vacancies in free technical courses for 2026 with 9 programs in agriculture, hybrid education EAD + in-person, registrations until May 26 and simplified selection without exams throughout Brazil.