Indian Oil Invites Bids for Trading of Non-Solar RECs from 72 MW of Wind Projects
The Indian Oil Corporation Limited (IOCL) has invited bids from traders to sell 176,262 non-solar renewable energy certificates (RECs) generated from 72.3 MW of wind power projects in Rajasthan through ...
Solar Renewable Energy Certificates’ Trading Spikes in June
There was a surge in the trading of solar renewable energy certificates (RECs) in June 2020 compared to the previous month despite the ongoing COVID-19 crisis and the subsequent lockdown ...
After Two Months of Lows, Solar REC Trading Gathers Speed in May 2020
There was a considerable increase in the trading of both solar and non-solar renewable energy certificates (RECs) in May 2020 compared to the last month. This increase comes as a ...
PXIL and IEX Launch Real-Time Market for Electricity Transactions
The Power Exchange India Limited (PXIL) and Indian Energy Exchange (IEX) have started their real-time market (RTM) trading platforms for electricity transactions on June 1, 2020. The real-time market is ...
COVID-19 Pandemic Takes a Toll on Solar REC Trading in March
March witnessed a significant drop in trading volume of solar as well as non-solar renewable energy certificates (RECs). As the country fights the outbreak of Coronavirus. Markets all around the ...
Solar REC Trading Volume Improved in December 2019
In December 2019’s renewable energy certificate (REC) trading session, there was a significant increase in the number of solar RECs that were traded when compared with the previous month of ...
Expiring Solar and Non-Solar RECs Will Now Remain Valid up to March 31, 2020
The Central Electricity Regulatory Commission (CERC) has extended the validity of renewable energy certificates (RECs), which have or are due to expire shortly. The Commission observed that the RECs that ...
Traded Volumes of Solar RECs Witness 45% Decline in November 2019
In the November 2019 renewable energy certificate (REC) trading session, there was a significant decrease in the number of solar and non-solar RECs that were traded when compared with the ...
October’s Solar REC Trading Sees Record High Price of ₹2,400
In October’s renewable energy certificate (REC) trading session, there was an increase in the number of solar and non-solar RECs that were traded compared with the trading activity recorded in ...
Solar REC Price Spikes to a Record ₹2,250 in September 2019
In September’s renewable energy certificate (REC) trading session, there was an increase in the number of solar and non-solar RECs that were traded when compared to trading activity in August ...
Solar Renewable Energy Certificate Trading Reduces by Half in August 2019
In the August 2019 renewable energy certificate (REC) trading session, there was a significant fall in the number of solar and non-solar RECs that were traded compared to July. A ...
Demand for Solar and Non-Solar RECs Increased in July 2019
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 ...
Solar RECs Traded at the Price of ₹2,000 in IEX and PXIL During May 2019
Entities rushed to buy renewable energy certificates (RECs) to fulfill their renewable purchase obligations (RPOs) in May 2019. This led to solar RECs being traded at ₹2,000 (~$28.68)/REC on both ...
Inventories Tighten in April 2019 as Entities Proactively Seek Solar REC Purchases
The trading in renewable energy certificates (RECs) further slumped in April 2019 due to low inventory. This is the second month after March 2019 in which REC trading has steadily ...
Low REC Inventory Pulls Trading Numbers Down in March 2019
After surging in February 2019, the trade in solar renewable energy certificates (RECs) declined in March 2019. The decline in the number of RECs traded is a result of low ...
February 2019 Records High Activity in Solar and Non-Solar REC Trading
After the decline in trading numbers in January 2019, trade in solar RECs spiked massively in February 2019. In February 2019, a total of 408,764 solar RECs traded on the ...
Price of Solar REC Shoots Up in January 2019
After increasing in December 2018, the trade of solar renewable energy certificates (RECs) declined in January 2019. However, the cost of solar RECs shot up during the month. In January ...
REC Trading Trend Reverses in December: Solar Trade Spikes While Non-Solar Slumps
Renewable energy certificates trading (RECs) on the energy exchanges in India witnessed a reversal of trends in the last month of 2018. While trading activity in solar RECs spiked in ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
