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Facebook’s first direct investment in RE; Shell to share RECs

Facebook will be the sole tax equity investor in the $416 million Prospero Solar project in Andrews County, Texas. While the company has been a leader in the procurement of clean energy, this represents their first direct investment in a renewable energy project. When completed in 2020, the project Read More...

Shell completes 132 MW solar PPA

Shell Energy North America announced Dec. 3 its newest renewable energy project, a 15-year PPA for 132 MW from the Maverick 7 Solar Project in Riverside County, Calif.The Palen Solar project is operated by EDF Renewables and has a total capacity of 500 MW. The project is located on 3,140 acres of fe Read More...

Wells Fargo and Shell Energy team up on multi-project RE agreement

Wells Fargo announced June 24 a collection of renewable energy agreements with Shell Energy North America and MP2 Energy for a total of 150,000 MWh of annual electricity that will cover 100% of the energy use at 1,200 Wells Fargo locations.The deal will support the development of new utility-scale s Read More...

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