The pv magazine weekly news digest

2017 begins with yet more positive price reduction momentum, while Spain reveals details of its renewables auction and Comtec Solar and Longi agree to asset purchase.

Solarzoom launches new trading platform for distributed PV in China

Trading platform for solar projects launched to connect potential investors with distributed solar PV assets across China.

China to invest $361bn in renewables by 2020, says NEA

Country’s National Energy Administration confirms in blueprint document plans to spend 2.5 trillion yuan on developing its solar, wind, hydro and nuclear power sectors, Reuters reports.

Younicos increases bookings 400% in 2016 to 75 MW

The battery storage company ends 2016 with an order pipeline of 1.2 GW through to the end of 2018, latest reports show.

Vortex to acquire 365 MW of UK solar from TerraForm Power

Renewable energy investment platform, managed by Egypt’s EFG Hermes, to purchase TerraForm Power’s U.K. solar portfolio for £470 million.

Imec testing demonstrates long-term reliability of copper printed PV cells

The Belgian nanoelectronics research body has published the results of its work alongside BE Semiconductor Industries on utilizing nickel/copper/silver plated solar cell modules in industrial processes, and found that copper-plated cells passed stringent tests with flying colors.

Innogy completes acquisition of solar and battery specialist Belectric

German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million euro range, company confirms.

Azure Power connects 150 MW of solar in India’s Punjab state

Project comprises three 50 MW solar plants commissioned with an average weighted tariff of US 8.5 cents/kWh.

India to install more than 9 GW of solar in 2017, forecasts Mercom Capital

Pace of Indian solar growth to accelerate this year as the nation is set to more than double 2016’s 4 GW capacity; however, headwinds regarding transmission and evacuation issues could slow expansion, Mercom says.

2016 was ‘landmark year’ for Scottish renewables, says WWF Scotland

Having reached a series of clean energy milestones in 2016, WWF Scotland and Scottish Renewables are urging Scottish ministers to set a target of 50% renewable energy penetration by 2030.