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World:

¶ The preferential tariffs for wind and solar power in China may be cut in 2016 by 5.8% and 5.6%, respectively, under a plan by the National Development and Reform Commission. According to reports, by 2020, wind power rates could be cut by 19% from 2016 levels, while for solar the planned reduction is 15%. [SeeNews Renewables]

Wind farm in China. Author: David Schroeter. License: Creative Commons, Attribution-NoDerivs 2.0 Generic

¶ 114,723 gigawatt hours of electricity in Germany came from renewable sources in the first nine months of 2015, which was almost double the amount produced from nuclear sources. Additionally, some electricity prices have decreased from the previous year. For example, the cost of peak load power is nearly at 2002 levels. [CleanTechnica]

¶ In an auction to procure 1200 GWh of power, wind and solar projects took 100% of the contracts even though there…