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Aussie renewable projects to be hit hardest by COVID-19

RYSTAD Energy predicts renewable energy projects to take significant hits this year amid the COVID-19 pandemic and ensuing economic fallout, with Australia to feel a particular sting thanks to the falling Aussie dollar.

Travel restrictions and falling dollar to blame

Travel restrictions and falling dollar to blame

Rystad's analysis show forecast growth in newly commissioned solar and wind projects will now be wiped out for 2020 and cut by a further 10% next year, as the US dollar surges and other currencies...

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