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Stellantis reports $4.5 billion cash drain as massive turnaround plan continues

European car giant Stellantis said Wednesday that it recorded a 4 billion euro ($4.5 billion) cash shortfall in the third quarter.

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China’s Wind and Solar Power Capacity Surpasses 2 Terawatts

China’s total installed wind and solar power generation capacity exceeded 2 billion kW by the end of September, with 170 million kW in new capacity added over the first nine months of the year, the…

  • China installed 2 billion kW of wind and solar power capacity by end of September.
  • Solar capacity grew 16.5% over first nine months, wind grew 20.4%.
  • Renewable sources generated 193.7 billion kWh more than previous year.

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