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Drax profit rises on higher biomass power generation, pellet output

Drax has converted four of its six former coal-fired plants to use biomass wood pellets, often made from compressed sawdust, ahead of Britain’s plans to phase out coal-fired power plants by 2025 British power producer Drax Group reported a 9 percent rise in full-year core earnings on Tuesday, driven by higher levels of renewable power […]

Role of prosumers in renewable energy adoption in India – EQ