Shell said Thursday that it no longer expected the wind farm to produce the returns it expected and would take a $996 million loss. The lease states that the first year’s rent was $550,000 ...

Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders. It’s ...

Beachgoers in Sea Girt, New Jersey, where a power cable from the Atlantic Shores offshore wind farm project is projected to come ashore. Inset: U.S. President Donald Trump. Associated Press Shell ...

Days after oil and gas giant Shell backed out of New Jersey’s first offshore wind farm pointing to financial reasons, the state on Monday did not award any bids for a fourth round of ...

Google LLC and Shell PLC have partnered to extend the life of the NordzeeWind project, the first wind farm on the Dutch side of the North Sea according to Shell, by at least four years.

Google has signed a Power Purchase Agreement (PPA) with Shell for the entire capacity of the 108MW Shell NoordzeeWind offshore wind farm, off the coast of Egmond aan Zee in the Netherlands.

The judge’s decision comes months after the CEO of Shell — which with EDF Renewables North America was previously fully committed to making the wind farm happen — wrote off nearly $1 billion ...

The Trump administration had issued a highly unusual stop-work order on the Empire Wind project last month, leading to ...

This is “the first time that a corporate PPA has enabled the economic life extension of an offshore wind farm,” the two companies said in a release. Initially a joint venture (JV) of Shell and Nuon, ...

with Shell to buy the entire output from the 108MW Shell NoordzeeWind offshore wind farm off Egmond aan Zee, Netherlands. The deal marks the first time a corporate PPA has been used to extend the ...

We purchased 100 percent of the wind farm's 108-megawatt capacity, which enabled Shell to pursue permit extensions and invest in crucial upgrades'. Image by eugen_z via iStock Google LLC and Shell ...