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Shell sells Dutch solar farms in retreat from renewables

3 hours ago
  • Shell is selling all its Dutch solar farms and a combined wind and solar park to TotalEnergies, covering its entire onshore wind and solar portfolio in Europe.
  • The Dutch sites have a combined capacity of up to 254 megawatts, enough to power tens of thousands of homes, and are located in Moerdijk, Heerenveen, Emmen, Sas van Gent, and Koegorspolder.
  • The sale, which requires regulatory approval, is expected to close by the end of 2026 and marks Shell's retreat from renewable energy as it refocuses on oil and gas.
  • Shell's CEO Wael Sawan has shifted investment back to fossil fuels, while TotalEnergies is expanding its renewable assets; Shell retains its North Sea wind farms, hydrogen plant, and carbon capture projects in the Netherlands.
  • The move comes amid legal battles over emissions, including a Supreme Court appeal by Milieudefensie over Shell's 700 oil and gas projects.

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