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Hevel Solar plans $450m PV expansion in Russia

Venture between Renova and OAO Rusnano to develop Russia’s solar footprint being driven by oil billionaire Viktor Vekselberg.

High liability to asset ratios and low inventory turnover signal "solvency concerns" for PV companies

Based on their liability to asset ratios, and low inventory turnovers, Yingli Green Energy and Canadian Solar, among others, are posing “potential solvency concerns,” according to a leading solar research analyst. First Solar, meanwhile, appears to be the fittest solar company analyzed.

Solar is the new world, coal execs told at Paris summit

Coal and renewable energy executives at climate conference in Paris clash over future energy mix as value of storage brought to the fore.

Southern Group buys 103 MW solar project in Georgia, US

Utility’s subsidiary, Southern Power, has acquired the 103 MW Butler solar facility from Community Energy Inc., adding to its 1.1 GW portfolio of clean energy projects.

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India presses state to raise solar ambition

Maharashtra state should aim for 25 GW of renewables by 2020, says ‘Union minister’. Of the current 14.4 GW target in the state, 7 GW is expected to come from solar.

United PV considering Yingli debt assistance

Chinese state-owned solar operator tells Bloomberg that it may co-operate with other government-controlled companies to assuage Yingli’s current debt burden.

UK investors reportedly eye Indonesian solar

The body responsible for driving overseas investment in Indonesia says UK companies are ready to plough $4bn into solar and offshore tidal projects but facts are thin on the ground.

Hanwha unveils solar-powered island plan

The Korean group announces project that will see the small islet of Jukdo turned into a 100% solar-powered community, replacing the four diesel generators that currently provide power.

Off-grid weekly digest

The most comprehensive weekly off-grid PV report, curated by pv magazine’s specialist editor, Pete Carvill.

The pv magazine weekly news digest

Crippling debts and absentee chairmen hogged the headlines coming out of China this week but amid the madness, there was good news out of the US and the Middle East.

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