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Royal Dutch Shell Plc .com: Shell WindEnergy to invest in Hawaii wind power project

From AFX News Limited
Shell WindEnergy to invest 200 mln usd in 3-5 yr Hawaii wind power project
07.03.2006

HOUSTON (AFX) – Shell WindEnergy Inc, a US unit of Royal Dutch Shell, said it is to invest more than 200 mln usd in a three-to-five year project to develop the company’s first wind farm in Hawaii.

The project may also combine wind and hydroelectric power, and is seen generating up to 40 megawatts of wind power annually.

When the Auwahi wind project is in operation — the first phase is expected to be completed by 2008, subject to planning permission — close to 20 pct of Maui’s energy could come from wind turbines, Shell said in a statement.

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Copyright AFX News Limited 2005
 

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