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August

Guinea Turns to Solar to Cut Energy Reliance on Neighbors
Guinea plans to build the country’s first solar power plants to increase its electricity production by 15% and cut its reliance on West African neighbors.

Longi Reports Massive First-Half Loss After Solar Prices Crater
Longi Green Energy Technology Co. reported a net loss of 5.24 billion yuan ($739 million) in the first six months of the year as the sector struggles with overcapacity that brought prices to record low levels.

Billionaire Ambani Touts Clean Energy as New Growth Engine
Reliance Industries Ltd.’s nascent clean energy business is poised to reach the size of today’s oil-to-chemicals operation within seven years, Chairman Mukesh Ambani said.