Shinfox Energy to Delist June 23 After Offshore Wind Losses Wipe Out Net Worth
INSIDE 硬塞 AI40 days agoBusinessShinfox Energy, a flagship listed green energy company in Taiwan, will be removed from the stock exchange on June 23, 2026, after its net worth turned negative. The trigger was massive losses incurred by a subsidiary engaged in offshore wind power engineering contracts. The delisting affects more than 30,000 shareholders and exposes the substantial engineering and financial risks embedded in large-scale renewable energy projects.
Shell Sells Offshore Wind Portfolio, Ending Six-Year Green Energy Push
INSIDE 硬塞 AI45 days agoBusinessShell is reportedly selling its offshore wind portfolio, effectively closing a six-year push into green energy. The move reflects a broader strategy among oil majors to redirect capital toward higher-return businesses such as liquefied natural gas. While specialist developers may take over these assets, the shift raises concerns about whether renewable energy projects can keep attracting large-scale funding.