Strong dollar hits renewables when they’re down

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Strong dollar hits renewables when they’re down
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Covid-19 is undermining the war against greenhouse gases, gfhay says:

Renewable projects in Australia, Brazil, Mexico and South Africa will be hit by falls in their local currencies against the United States dollar, Rystad Energy said on March 27. Projects in the procurement phase could face capital cost increases of up to 36%, the consultant estimated.

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