Shell looks to Brazil solar power sales from farms that are due online in 2023

BRASILIA (Reuters) – Royal Dutch Shell PLC <RDSa.L> is ready to start negotiating with potential clients the sale of future solar power on Brazil’s free energy market from its first farms due to start operating in 2023, Shell’s solar business development manager for Latin America said.

In a telephone interview on Monday, Maria Gabriela da Rocha said the startup date would depend on the negotiations and was part of Shell’s strategy to move into renewable energy, betting on industries’ increasingly wanting to sign long-term clean energy contracts.

By Luciano Costa via Yahoo Finance

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