The growth is spearheaded by BYD. Seven out of 10 EVs sold in the country are from the brand, which also leads hybrid sales.

In late March 2025, international energy giant Shell announced the termination of its investment ... Behind this decision lies the complex changes in Brazil’s renewable energy market investment ...

The FPSO Gato do Mato will be the 19th FPSO to be developed by MODEC for Brazil. It will be the second unit to be delivered directly to Shell by MODEC for operation in Brazil, according to the ...

The move also comes in an increasingly challenging environment for renewable power investments in Brazil, where projects have struggled to be implemented due to oversupply of energy, a slow growth in ...

Shell is discontinuing its solar and onshore wind power generation projects in Brazil, as part of a 'portfolio adjustment', the company said on Thursday. The move comes amid an unfavorable environment ...

Shell plc SHEL ... onshore wind projects in Brazil. Its decision to discontinue these projects was likely influenced by a challenging environment for investments in renewable power projects ...

Shell has decided to scrap wind and solar power generation projects it had planned to build in Brazil, citing the unfavorable investment environment, per a Reuters report. “We are always ...

Supermajor Shell has reportedly decided to walk ... The move also comes in an increasingly challenging environment for renewable power investments in Brazil, where projects have struggled to ...

The decision reflects the challenging environment for renewable investments in the country. Credit: Robert Way/Shutterstock. Shell has announced the discontinuation of its solar and onshore wind power ...

This FPSO is the 19 th unit built by MODEC for working in Brazil. It is also the second unit developed for Shell for work in Brazilian waters. The FPSO can produce approximately 120,000 barrels of ...