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AGL Hit By a $47M Loss On Closure Of Residential Solar Installation Business
AGL AGL Energy Andy Vesey ASX Brett Redman energy market residential solar Solar PV
On Tuesday, AGL Energy Ltd announced plans to cease its residential solar installation services, consequently recording losses amounting to $47 million in closure and write-down costs.
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Battery Storage Business Booming
Battery storage battery storage demand business Energy Industry energy market Energy Storage Solar power
According to a new report, battery storage systems could be being installed in Australian households at a huge rate of 55,000 per year within a decade.