Uttarakhand Issues Cross-Subsidy Surcharge for Open Access Customers

After Soaring High in October, Spot Power Price Dips to ₹3.59/kWh in November 2018

In the month of November 2018, the spot power price declined to ₹3.59 ($0.05)/kWh after soaring high in the past few months. The price of ₹3.59 ($0.05)/kWh is 1 percent ...
/ / Demand Response, Grid
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

Solar REC Trading Slumps While Non-Solar REC Trading Spikes in November 2018

With both solar and non-solar renewable energy certificate (REC) trading undergoing a reversal in the demand-supply situation, trading of solar RECs has witnessed a huge slump even as trade in ...
/ / Markets & Policy, Solar
Spot Power Price Rose to ₹4.02/kWh in March 2018

Spot Power Price Continued to Soar in October 2018 at ₹5.94/kWh

Maintaining its upward trend, India’s spot power prices soared in the month of October. This was the second month in a row which saw a reversal in the prevalent trend ...
/ / Demand Response, Grid
Solar REC Trading Declines Significantly in October 2018

Solar REC Trading Declines Significantly in October 2018

Solar renewable energy certificate (REC) trading witnessed a steep decline in October 2018. A total of 275,951 solar RECs were traded in October 2018. This is 1,282,111 less solar RECs ...
/ / Markets & Policy, Solar
Tamil Nadu Sets ₹3.97/kWh as Pooled Cost of Power for Renewables

Spot Power Price Rose 41% Due to Shortage of Coal, Reduced Generation from Hydro and Wind

Spot power price witnessed an unprecedented spike in September 2018, reversing the trend from the previous months. In September 2018, the recorded spot power price was ₹4.69 (~$0.063)/kWh. This is ...
/ / Grid, Market & Policy
SECI Invites EoIs to Develop 160 MW Solar Wind Hybrid Project with Energy Storage

Solar REC Trading Witnesses Unprecedented Spike in September 2018

Solar renewable energy certificate (REC) trading witnessed an unprecedented spike in the month of September 2018. A total of 1,558,062 solar RECs were traded in September 2018. This is 1,071,933 ...
/ / Markets & Policy, Solar
Spot Power Price Shoots Up By 27 Percent in February 2018

Spot Power Price Declines to ₹3.34/kWh in August 2018

The slump in spot power price continued in August 2018. In August , the recorded spot power price was ₹3.34 (~$)/kWh which was still higher than recent tariffs quoted in solar and ...
/ / Demand Response, Grid
SECI Tenders 2 GW of ISTS-Connected Wind Projects under Tranche-V

Solar REC Trading Slumps in August 2018

Solar renewable energy certificate (REC) trading slumped in August 2018, whereas non-solar REC trading climbed up after months of decline. In August 2018, 486,129 solar RECs were traded. This was ...
/ / Markets & Policy, Solar
Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

The spot power price has continued its slump into yet another month. In July 2018, the recorded spot power price was ₹3.46 (~$0.0505)/kWh but was still higher than recent tariffs ...
/ / Demand Response, Grid
Solar REC Trading Spikes in July 2018, Non-Solar REC Trading Continues to Slump

Solar REC Trading Spikes in July 2018, Non-Solar REC Trading Continues to Slump

Solar renewable energy certificate (REC) trading surged in July 2018, whereas non-solar REC trading continued to decline. In July 2018, 1,382,632 solar RECs were traded. This was 790,231 solar RECs ...
After Flying High for Months, Spot Power Price Declines to ₹3.73/kWh in June 2018

After Flying High for Months, Spot Power Price Declines to ₹3.73/kWh in June 2018

In June 2018, spot power price stood at ₹3.73 (~$0.054)/kWh. This recorded price proved to be a trend reversal of sorts for spot power prices over the past few months ...
/ / Grid, Market & Policy
: Wind, Reverse Auctions, PPA, SECI, ISTS

Solar and Non-Solar REC Trading Slumps in June 2018

After a buoyant May, trading in both solar and non-solar renewable energy certificates (RECs) saw a significant decline in June 2018. In June 2018, 592,401 solar RECs were traded. This ...
Spot Power Price Spikes to ₹4.67/kWh in May 2018

Spot Power Price Spikes to ₹4.67/kWh in May 2018

In May 2018, spot power price spiked to ₹4.67 (~$0.0695)/kWh. May’s spot power price was ₹1.76 (~$0.0262)/kWh higher than the spot price recorded in May 2017, registering an increase of ...
Maharashtra Sets ₹2.72/kWh as Generic Tariff for Solar and ₹2.87/kWh for Wind

Solar and Non-Solar REC Trading Witness a Spike in May 2018

May emerged as the second consecutive month in which both solar and non-solar renewable energy certificates (RECs) trading witnessed a spike. In May 2018, 914,412 solar RECs were traded. This ...
Spot Power Price Remains High at ₹3.98/kWh in April 2018

Spot Power Price Remains High at ₹3.98/kWh in April 2018

In April 2018, the spot power price was ₹3.98 (~$0.0594)/kWh, ₹1.21 (~$0.0180)/kWh more than the ₹2.77 (~$0.0413)/kWh recorded in April 2017, an increase of approximately 44 percent. The key reasons ...
Huge Interest in Solar RECs as Trading Begins Again After a Year

Huge Interest in Solar RECs as Trading Begins Again After a Year

Trading of solar and non-solar renewable energy certificates (RECs) has started in the new trading session of April 2018. The RECs, both solar and non-solar, are being traded at the ...
/ / Other, Renewable Energy
IEX and JPEX Enter MoU for Cooperation in Electricity Market

IEX and JEPX Enter MoU for Cooperation in Electricity Market

The Indian Energy Exchange (IEX) and Japan Electric Power Exchange (JEPX) have entered into a Memorandum of Understanding (MoU) to jointly explore opportunities of cooperation in the electricity market. IEX ...
/ / Grid, Market & Policy
Spot Power Price Rose to ₹4.02/kWh in March 2018

Spot Power Price Rose to ₹4.02/kWh in March 2018

The average spot power price recorded in March 2018 shot up by approximately 57 percent when compared to the price recorded in the same month last year. The increase in ...
/ / Demand Response, Grid
Non-Solar REC Trading Continued to Gain Momentum in March 2018

Non-Solar REC Trading Continued to Gain Momentum in March 2018

The final month of the renewable energy certificate (REC) trading year witnessed a spike in non-solar REC trading. However, REC trading witnessed a reversal in trends during March 2018 when ...
After January Slump, Non-Solar REC Trading Spikes in February 2018

After January Slump, Non-Solar REC Trading Spikes in February 2018

The number of non-solar Renewable Energy Certificates (RECs) traded in India during February 2018 was roughly double the number traded during January 2018. The increase came as entities pounced on ...
Non-Solar REC Trading Falls Drastically in January After Hitting December High

Non-Solar REC Trading Falls Drastically in January After Hitting December High

After touching new highs in December 2017, the trade in non-solar Renewable Energy Certificates (RECs) declined by almost two-thirds in January 2018 to 1.2 million total buy bids. The decline ...
/ / Other, Renewable Energy
DISCOMs Push Trade in Non-Solar RECs to A New High in December

DISCOMs Push Trade in Non-Solar RECs to A New High in December

Distribution companies (DISCOMs) making a mad dash to purchase non-solar Renewable Energy Certificates (RECs) to fulfill their Renewable Purchase Obligations (RPOs) before the end of the year have propelled India’s ...
/ / Other, Wind
Trade of Non-Solar RECs Jumps in November As RPO Deadline Nears

Trade of Non-Solar RECs Jumps in November As RPO Deadline Nears

The trade in non-solar renewable energy certificates (RECs) witnessed a steep hike in November 2017, with a total of 2,207,622 of non-solar RECs sold. This is 353 percent higher than ...
/ / Other, Renewable Energy
Top Solar and Other Renewable Energy News Headlines from India in November 2017

Month in a Minute: Top Headlines From the Indian Renewable Energy Sector in October 2017

Here is a list of important headlines, developments and data points from India’s renewable energy sector during October 2017. ACME Solar Holdings announced that it is looking to raise $337 ...
Non-Solar REC Trading on the Rise

Non-Solar REC Trading on the Rise

Trading activity in non-solar renewable energy certificates (RECs) is on the rise in India. In the October REC trading session, a total of 4,87,105 non-solar RECs were sold. This is ...
/ / Other, Renewable Energy