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Shell Makes First U.K. Solar Investments Amid Power Expansion

Royal Dutch Shell Plc will make investments with two firms to develop its first solar-power projects in the U.K.

The oil and gas giant signed agreements with Island Green Power Ltd. to develop a project with more than 700 megawatts of generation capacity, and another with Clearstone Energy Ltd. for projects with a combined export capacity of 100 megawatts. Both will be subject to final investment decisions.