US onshore oil production averages a 33 percent IRR, observes a Wood Mackenzie report ‘How oil & gas Majors can scale in renewables’. By comparison, a wind project in a developed country generates around 7 percent IRR, while solar earns just 5 percent.
Month: December 2018
Here are a few examples of some of the recent work as a journalist, writer, researcher for various corporate clients and publications in the month of November. Cavendish Group International Completion of all editorial content of the Q4 edition 2018. Power Engineering and Technology Q4 18 PGT Contents Updates redT […]
Today investment in renewables projects is no longer looked at as an eccentric thing to do. Increasingly, not investing in such projects is seen as eccentric. Here are a few examples of planned and proposed renewable energy projects in various parts of the world. If these projects prove bankable and […]
The Amazon rainforest is home to 11,676 known species of trees and is larger than the rain forests of the Congo Basin and Indonesia combined… To help restore some of the 29.6 million acres of Brazil’s rainforest, a multimillion-dollar initiative, “ the largest tropical reforestation project in history” aims to plant 73 million new trees on […]
In Europe, offshore wind farms have traditionally been built in the shallow watersof the North Sea and the Mediterranean. Until recently, it was too expensiveand difficult to build offshore wind farms in deeper waters. However, due tothe ground breaking work of various technologists and engineers, a new solution has been […]