Taiwan’s sole power utility reported major losses for a second consecutive year on rising fuel costs triggered by Russia’s invasion of Ukraine and high inflation.
Volkswagen AG is pushing back plans to seek outside investors for its battery unit after slower demand for electric vehicles dims prospects for the business, with the industry facing an increasingly daunting reality in the EV transition.
Adani Green Energy Ltd’s third-quarter net income more than doubled following an expansion of its generation capacity, aiding the company’s efforts to raise at least $2 billion of debt this year to fund growth.
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