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BayWa sells its Australian renewable energy business to cut debt, amid shifts in the energy market.
BayWa, a German company, is selling its Australian renewable energy business worth over $750 million to cut its debt by €4 billion.
Meanwhile, critics argue that Opposition MP Dan Tehan's criticism of Labor's clean energy plan lacks a credible alternative.
In a shift towards renewables, a coal miner in New South Wales installed a solar system for financial savings.
Alinta Energy is exploring a potential merger with EnergyAustralia to create a stronger third supplier in the energy market.
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BayWa vende su negocio australiano de energía renovable para reducir la deuda, en medio de cambios en el mercado energético.