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World:

¶ If Spain had no wind parks, the average annual price on the electricity market would have been 23.8% higher in 2015, according to the Spanish wind energy association. Wind farms offered the lowest wholesale electricity prices in Spain, at about €46.14 ($49.60) per MWh. [SeeNews Renewables]

Wind turbines at work. Author: Nick Cross. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

¶ The Solar Energy Corporation of India and Russian Energy Agency have recently signed a memorandum of understanding to set up large scale solar PV projects in India between 2016 to 2022. Under the terms of the agreement, initially a 500 MW pilot solar PV project will be developed. [CleanTechnica]

¶ Earnings of utilities in central and northern Europe will fall about 7% in 2016, hampered by a reliance on coal, gas and nuclear generation. Spanish, Italian and Portuguese power companies, accounting for about 60%…