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Demand for Solar and Non-Solar RECs Increased in July 2019

The non-solar RECs witnessed a spike in price in July

August 9, 2019

/ Saumy Prateek
/ Markets & Policy, Solar
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In July’s renewable energy certificate (REC) trading session, there was a rise in the number of solar and non-solar RECs that were traded. A total of 129,056 solar RECs were traded on the Indian Energy Exchange (IEX) and the Power Exchange India Limited (PXIL) together. The RECs were traded at ₹2,000 (~$28.23)/REC on both the exchanges.

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Saumy Prateek

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