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ExxonMobil has signed largest ever renewable power contract, says Bloomberg. It has signed a 12-year agreement with Denmark’s Orsted A/S and will buy 500 MW of wind and solar power in Permian Basin. Exxon has been accused and sued by investors for increasing the risk of global warming. After this, the company is shifting to clean energy for the regions where electricity demand is growing with the increase in oil production.
