Shell has signed a five-year power purchase agreement (PPA) with Nordsee One GmbH, a joint venture between Northland Power (85%) and RWE (15%), for the Nordsee One offshore wind farm in Germany. Under the PPA, which will take effect from June 2027, Shell will offtake approximately one-third of the a
Business & Finance
about 8 months ago
Shell buys offshore wind power for new electrolyzer plant in Germany
Shell has signed a five-year power purchase agreement (PPA) with Nordsee One GmbH, a joint venture between Northland Power (85%) and RWE (15%), for the Nordsee One offshore wind farm in Germany. Under the PPA, which will take effect from June 2027, Shell will offtake approximately one-third of the a
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