April 18, 2009

Shell on wind, solar and hydrogen

Shell's first love (when it comes to renewable energy investments that is) is definitely in biofuels these days but that doesn't mean the company is abandoning wind energy and solar as was hinted in news reports in the past several weeks.

During Shell's Eco-Marathon Americas event in Fontana, California, I was able to interview Shell Future Fuels and CO2 vice president Graeme Sweeney and he emphasized that the company's renewable energy strategy hasn't changed.

He said that Shell is still operating about 550 megawatt of wind energy capacity in total mostly in North America (others in Europe) while in the solar sector, Sweeney noted Shell's continued stakes in a thin-film solar manufacturing company in Germany and in Japan-based Showa Shell which last year expanded its solar cell manufacturing capacity.

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