Investor returns on renewables projects 'now competitive with oil & gas' as coronavirus strikes

Wind and solar projects now matching upstream hydrocarbon investment returns as Big Oil faces up to the impact of Covid-19, says Wood Mackenzie

A decommissioned Shell offshore oil drilling platform being towed past an offshore wind farm off the UK. — A decommissioned Shell offshore oil drilling platform being towed past an offshore wind farm off the UK.AFP/Getty

Darius Snieckus

Published 25 March 2020, 12:17Updated 25 March 2020, 12:36