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We need more urgency : Top renewable group warns against paying to keep coal alive

We need more urgency : Top renewable group warns against paying to keep coal alive
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

Tilt proxy votes show strong shareholder support for sale

Tilt proxy votes show strong shareholder support for sale
nbr.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbr.co.nz Daily Mail and Mail on Sunday newspapers.

Massive wind farm contract to help power 46 Victorian councils

19 May 2021 Forty-six Victorian councils have banded together to underwrite a massive renewable energy off-take deal, signing up to buy 240GWh of wind power from two major Victorian wind farms through a deal with Snowy Hydro-owned retailer Red Energy. Led by Darebin City Council in Melbourne’s north, the Victorian Energy Collaboration, or VECO, will purchase enough renewable energy to power 45 per cent of the state’s local government electricity demand with renewables, over a period of 9.5 years, starting 1 July, 2021. The ground-breaking deal, which has been facilitated by Victorian Greenhouse Alliances, is expected to save Councils up to 35 per cent on their electricity bills, based on current costs and depending on each council’s energy needs.

Transition year sees reduced profit for Tilt

Trans-Tasman renewables developer feels the aftereffects of selling Snowtown 2. Tilt Renewables’ has continued to feel the aftereffects of its one-off Aussie wind farm sale, posting reduced revenue, earnings and profit for the year ended March 31. The trans-Tasman renewables

Takeover target Tilt s earnings drop as wind levels fall

Takeover target Tilt s earnings drop as wind levels fall 12 May, 2021 10:06 PM 3 minutes to read Tilt Renewables has reported a fall in earnings in its last year as listed company. Photo / Supplied Tilt Renewables has reported a fall in earnings in its last year as listed company. Photo / Supplied Takeover target Tilt Renewables annual operating profit fell by 36 per cent in what the company said was a transitional year. The wind farm specialist sold its 270 megawatt Snowtown 2 Wind Farm, near Adelaide, in the previous year and ramped up operations at Dundonnell, in Western Victoria, and Waipipi in Taranaki in the latest year to March.

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