Investment in 100MW green hydrogen facility in Germany comes as oil major’s wider transition strategy comes under scrutiny
Shell has signalled its readiness to invest at scale in renewable hydrogen by taking FID on the 100MW REFHYNE II electrolyser project at its Rheinland refining complex near Cologne in Germany.
The move comes amid scrutiny of Shell’s wider transition strategy after it recently paused a major biofuels project in Rotterdam, incurring a charge of up to $1b.
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