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The pv magazine weekly news digest

Rejoice! The weekly digest is here! And what a week it has been!

From COP21 and solar cop-outs to c-Si breakthroughs and the small matter of a possible, No, JUST CONFIRMED, extension of the U.S. ITC, it's been a pretty quiet week in the world of solar PV.

ANES: Mexico to put online 600 MW of solar PV in 2016

ANES predicts that US$900 million will be invested in PV projects next year in Mexico. The market this year is around 100 MW, half of which is in the net metering program. Local capacity for PV module production exceeds 1 GW.

India's Azure Power files for $100m IPO

NYSE building.

World Bank-backed Indian clean energy company Azure Power has registered to sell stock amounting to $100 million in an initial public offering on the New York Stock Exchange.

UK: Committee of MPs writes to Energy Secretary criticizing solar cuts

Amber Rudd.

Letter to Amber Rudd says recently confirmed cuts to the solar feed-in tariff and further caps on renewable spending will damage investor confidence in the country's clean energy sector.

Yingli announces 1/10 reverse stock split

With a six-month deadline for bringing its stock above US$1/share pending, the company that was formerly the world's largest module maker is taking action.

IHS: ITC extension will avoid a crash in the global solar market

The research firm's initial forecast based on the potential extension of the ITC finds that the U.S. solar market will grow in 2017, and that this will prevent a 10% decline in the global solar market.

GTM Research: ITC extension would grow the U.S. solar market 54% through 2020

An analysis by GTM Research shows that an additional 25 GW of solar PV will be installed in the U.S. over the next five years if the ITC is extended via the current spending bill in Congress.

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