Similar Stories to Shell’s Investment In Renewables Is Wonderfully Worrisome on Bing News

Amidst rising climate concerns and the current energy crisis, European oil companies are trying to pivot from fossil fuels to renewable power — and spending a huge amount while doing so. Most recently, British/Shell agreed to buy Europe’s biggest biogas producer, Denmark-based Nature Energy, for €1.9 billion. As part of the deal, the oil giant will acquire Nature Energy’s 14 industrial plants and an international development pipeline of about 30 plants across Europe and North America.

BING NEWS:
  • Spain's Iberdrola, Norway wealth fund expand renewables partnership
    Europe's largest utility Iberdrola and Norway's $1.6 trillion sovereign wealth fund are building up on their existing partnership in renewables to jointly invest more than 2 billion euros ($2.15 ...
    04/24/2024 - 9:35 pm | View Link
  • TotalEnergies and Vanguard Renewables Join Forces to Develop Renewable Natural Gas in the United States
    TotalEnergies and Vanguard Renewables have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm Powered® ...
    04/24/2024 - 6:08 am | View Link
  • High interest rates challenge global shift to renewables
    A new report from Wood Mackenzie examines how the global shift to higher interest rates to combat inflation is squeezing the energy transition.
    04/22/2024 - 7:45 pm | View Link
  • Investment in US renewables hit a record $88B last year
    NEW YORK — U.S. renewable energy investment reached a record $88 billion in 2023 ... illustrate the growing financial strength of wind and solar. Lending to renewables dropped in 2022 as central banks ...
    04/17/2024 - 11:20 pm | View Link
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