Swedish energy company Vattenfall has posted a first quarter operating profit of SEK 11bn ($1.7bn), a result level to the same period of 2012.

The world's biggest solar panel maker, Suntech Power Holdings (NYSE: STP), has failed to repay $541m worth of bonds.

Germany’s second largest utility RWE is to sell its oil and gas business in a bid to cut its debts.

Danish windpower company Vestas is to shed a further 3000 jobs by the end of next year, on top of those the beleagured company has already announced.

E.ON Russia’s CEO has forecast that earnings will increase next year, although the Russian utility will still fall short of its EUR800m ($1bn) to EUR1bn profit target.

Danish wind turbine manufacturer Vestas is to axe a further 1400 jobs by the end of the year.

Spain’s Abengoa has received a boost from the robust engineering and construction (E&C) backlog in the Latin American region, according to its recently released first half year earnings.

The operator of the Fukushima nuclear power plant, Tokyo Electric Power Co (Tepco), posted a quarterly net loss of $3.69bn yesterday, a day after it was nationalised.

Shares in Danish wind turbine manufacturer Vestas surged today after the company revealed it is back in the black after a loss-making first quarter.

French energy giant EDF is looking into “finding new partners” for its plans to build new nuclear reactors in the UK.

Finnish utility Fortum missed market expectations with a significant fall in its second-quarter operating profit, blaming uncertainty in Europe, as well as low power prices in the Nordic market.

Latin America represents 15 per cent of the overall sales for Gamesa the wind turbine maker confirmed as it posted its earnings for 2011, highlighting the importance of this market for the Spanish firm.

State-owned West Bengal State Electricity Distribution has, by recognising $1.4m of unrealised revenue as “potentially recoverable”, made a net profit of $40,000 for the first six months of 2011.

The boss of German utility RWE has acknowledged that the company faces hard times ahead following the government’s decision to phase out nuclear power.

UK utility SSE claims that the foundations supporting 52 turbines at the Greater Gabbard wind farm are defective.

China’s largest independent power producer has had an $800m plan for two new 600 MW coal fired units approved by the government’s regulator.

Spain’s largest utility Iberdrola has seen its revenues pass €23bn ($32bn) for the first time in a nine-month period.

Norwegian solar panel manufacturer Renewable Energy Corp has suffered a net third quarter loss of NOK759m ($137.3m) and announced it is shutting several plants.

Turbine manufacturer Repower Systems brought in revenues of €626 million ($864 million) in the first half of the 2011/2012 financial year, up from €499 million a year earlier.