Shell Signs Long-Term Renewable Energy Deal With Ferrari

Key Takeaways Shell signs a decade-long PPA to supply Ferrari with 650 GWh of renewable energy.The agreement supports Ferrari's plan to slash Scope 1 and Scope 2 emissions by 2030.Shell will also provide certificates to cover all of Ferrari's energy needs across Italy.Shell plc (SHEL) has signed a significant long-term deal to supply Ferrari (RACE) , an Italian-based automobile manufacturer, with renewable energy, extending until 2034. This partnership aims to help the iconic luxury automaker reduce its car ...