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Moreover, conflicts with FIT schemes can deter small scale, capital intensive projects from pursuing registration.
"We tend to avoid the large, body-shop kind of contracts," he says, referring to the more capital intensive projects–such as running large government operations taken on by larger rivals.
One of the pockets in which there is a clear shortage of capital is the clean energy sector -- in particular, in capital intensive areas such as energy generation, and for capital intensive projects such as the construction of commercial-scale facilities.
Pdvsa lowered the normal royalty rate of 16percenttoto a mere 1percenttoto attract investment to this capital-intensive project.
It's a multi-year, capital-intensive project with many obstacles.
Capital-intensive projects are formidably tricky to get started.
Their careers depend on it, and capital-intensive projects give short-term lifts to growth numbers.
But Google itself is eyeing more capital-intensive projects, including some to generate renewable energy on a commercial scale.
"These are extremely capital-intensive projects, and very few people have had access to the funds to continue building".
But investment in large capital-intensive projects has also been fueling the economic engine and driving up prices.
During the 1980s the government turned to expensive capital-intensive projects for market gardening to supply Libreville and Franceville.
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