Shell will invest US$570 million by the end of 2025 in Brazil in integrated energy businesses

In Brazil, the focus of the investments will be the integrated renewable energy market, with a focus on solar and wind generation, aimed at the free market, with expansion of the commercialization and self-production areas.

RIO DE JANEIRO, BRAZIL - Shell will invest R$3 billion (US$570 million) until the end of 2025 in Brazil in integrated energy businesses, said the director of renewable and energy solutions of the company, Guilherme Perdigão, in a press conference on Tuesday (21).

According to Perdigão, Brazil, along with the United States, Western Europe, and Australia, is one of the priority markets for the oil company amid the group's efforts to zero net global carbon emissions by 2050. Today, the oil company launched the Shell Energy Brazil brand focused on business for the energy transition in . . .

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