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 ...
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 ...
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
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
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 ...
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 ...
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 ...
Non-Solar REC Trading Rises 32 Percent in September
The total number of non-solar renewable energy certificates (RECs) sold in India jumped by 32 percent in September, rising to 382,007 from just 289,505 sold during the previous month. The ...
Sale of Non-Solar RECs Decline
With obligated entities required to pay the old renewable energy certificate (REC) rate of ₹1,500/REC, the total number of non-solar RECs sold in August 2017 was 2,89,505, 42 percent lower ...
