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Solar costs dent NTR

REVENUES in the first half of the year at green energy and waste firm, NTR, surged by €50m, its latest results show.

However, profits fell as it invested heavily in wind and solar power in the US.

Group revenue from continuing operations for the six months ended September 30 last year was €168m, compared to €118m for the same period in the previous year, an increase of €50m.

But it recorded a core loss of €54.3m, with €73.8m of costs in the solar division.