Russian JV to build 100 MW solar farm, 300 MW cell fab in India

Investment by a Russian firm in the Indian solar sector sees Miyota Power India – a joint venture between state-controlled JSC Minneftegasstroi and Akis Tech – collaborate with Al Ameen Green Energy on Tamil Nadu PV plans.

Tindo Solar, Australia’s only panel manufacturer, sold to SA company with big plans

Australia’s only solar panel manufacturer, Adelaide-based company Tindo Solar, has been bought by a local insulation company turned solar installer, Cool or Cosy, as part of a plans to create the largest solar retailer in Australia.

PV Crystalox posts lower shipments and revenue for 2016, closes UK ingot production

The UK-based polycrystalline wafer manufacturer posted a decrease in shipments and revenue in 2016. Its UK ingot production is expected to be closed this year due to “deteriorated” market conditions.

Neo Solar Power posts $206.9 million net loss in 2016

The Taiwanese PV cell producer partly attributed the NT$6.3 billion ($206.9 million) loss — down from a NT$139 million net profit in 2015 — to the idling of some of its production capacity in China.

Veolia opens solar module recycling facility in France

The French environmental services provider has secured a 4-year contract from PV cycle for the treatment of end-of-life photovoltaic modules.

Analysis: 1 GW Konya deal in Turkey could mark beginning of new manufacturing landscape

Götz Fischbeck, CEO of Smart Solar Consulting, discusses some key questions that have arisen from the recent 1 GW Konya solar tender, which was won by a Hanwha Q Cells-Kalyon Enerji joint venture at a price of $0.0699/kWh.

Meyer Burger signs $15m deal for PERC cell tooling upgrade

Existing Asian customer places order for the Swiss firm’s MAiA 2.1 upgrade cell coating platform. Delivery and commissioning expected in second quarter of the year.

The pv magazine weekly news digest

Gigawatts a-go-go this week as Turkey, Algeria and Vietnam all toy with those magical GWs, while in more mature markets German storage figures provided reasons for optimism and Blattner Energy took the top spot for U.S. EPCs.

SMA announces “major hiring push” in California, U.S. Northeast

The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.

Four more Chinese solar manufacturers withdraw from minimum price agreement

Jetion Solar, Hareon Solar and GCL Technology requested to withdraw from the minimum price agreement in October. The three companies, as well as Talesun Solar, are now excluded by Brussels from the undertaking.