US residential solar installer Sunnova has recorded a reduced adjusted EBITDA year-on-year of US$28.1 million for the second quarter of 2023 although its revenue increased by 13.2%.
Indian independent power producer (IPP) ReNew Power and Malaysian Gentari’s Indian subsidiary, Gentari Renewables India, have established a joint venture (JV) to target 5GW of new renewable energy capacity.
The European Investment Bank (EIB) has granted a €575 million (US$637 million) loan to Spanish oil major Repsol to roll out 1.1GW of renewables in Spain.
Japan will need to have 689GW of total installed capacity for solar and wind power generation by 2050 to reach the goal of net zero, according to a study conducted by BloombergNEF (BNEF).