Simon Yuen

US residential solar installer Sunnova lost US$20.9 million in Q4 2022, while its net loss attributable to shareholders in 2022 amounted to US$161.6 million last year, according to its latest financial results announcement.

Solar manufacturer Trina Solar has launched a new Vertex S+ PV module series using n-type i-TOPCon cells.

The EU has saved €12 billion gas costs thanks to the accelerated solar and wind growth since the Russia's invasion of Ukraine in 2022, according to an analysis from climate and energy think tank Ember.

Iberdrola increased its net profit by 12% to €4.34 billion (US$4.58 billion) in 2022, driven by strong performance in Brazil and the US, offsetting the impact of the energy crisis in the EU. 

Four Chinese polysilicon manufacturers have posted increased net profits thanks to increased sales or short supply.

China’s PV industry's production value last year reached RMB1.4 trillion (US$203.5 billion), according to a report published by China’s ministry of industry and information technology.

Australia requires further investment in generation, storage and transmission to satisfy reliability requirements over the next decade, according to an updated report from the Australian Energy Market Operator (AEMO).

German independent power producer (IPP) Encavis has shown an improved financial results with its EBITDA up by about one third.

Indian renewable energy independent power producer ReNew Power has narrowed its net loss in Q3 FY23 year-on-year, while there was an increase in total income due to expanded operating capacity.

Malaysian clean energy solutions company Gentari has acquired solar developer Wirsol Energy Australia and its assets from Wircon Group.