Gujarat Commission Directs Distribution Licensee to Comply with Solar RPO Target

Gujarat Commission Directs Distribution Licensee to Comply with Solar RPO Target

The Gujarat Electricity Regulatory Commission (GERC), in a recent ruling, directed MPSEZ Utilities Private Limited (MUPL) to make up for the shortfall of 1.441 MUs in solar RPO within the ...
/ / Markets & Policy, Solar
CERC Approves Introduction of Green Term-Ahead Market Contracts on IEX

CERC Approves Introduction of Green Term-Ahead Market Contracts on IEX

The Central Electricity Regulatory Commission (CERC) has approved the introduction of the 'Green Term-Ahead Market' (GTAM) contracts on the Indian Energy Exchange (IEX), adding that it would provide an avenue ...
/ / Grid, Market & Policy
Karnataka Mini-Hydro Projects Can Carry Forward Banked Energy for 2 Months

Karnataka Mini-Hydro Projects Can Carry Forward Banked Energy for 2 Months

The Karnataka Electricity Regulatory Commission (KERC) has approved a request to carry forward the banked energy from mini-hydropower generators as of May 31, 2020, to July 31, 2020. Any banked ...
/ / Other, Water
Solar Renewable Energy Certificates Trading Spikes in June

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

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 ...
Singapore’s Sembcorp Launches REC Trading Platform

Singapore’s Sembcorp Launches REC Trading Platform

Sembcorp Industries, a Singapore-based renewable energy company, has launched a renewable energy certificate (REC) trading platform that manages RECs from multiple sources. RECs are tradable renewable assets that can be ...
/ / Grid, Other
Tamil Nadu Lays Out Details for Procuring Solar Power by Distribution Licensees

Tamil Nadu Lays Out Details for Procuring Solar Power by Distribution Licensees

The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a consultative paper for procuring solar power by distribution licensees and has asked all the stakeholders to submit their comments and ...
/ / Markets & Policy, Solar
Change in Legal Status Calls for Fresh Registration for Renewable Energy Certificates

Change in Legal Status Calls for Fresh Registration for Renewable Energy Certificates

The Central Electricity Regulatory Commission (CERC) has dismissed the plea of Weizmann Limited and Karma Energy Limited with regards to issuing renewable energy certificates (RECs). The Commission observed that the ...
/ / Other, Wind
Jharkhand Issues New Regulations for Renewable Purchase Obligation

Jharkhand Issues New Regulations for Renewable Purchase Obligation

The Jharkhand Electricity Regulatory Commission (JSERC) has come up with regulations for Renewable Purchase Obligation (RPO) for obligated entities within the state. The earlier regulations are set to expire in ...
/ / Other, Renewable Energy
Expiring Solar and Non-Solar RECs Will Now Remain Valid up to March 31, 2020

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 ...
/ / Markets & Policy, Solar
Joint Electricity Regulatory Commission Pushes Daman & Diu to Meet RPO Targets

Joint Electricity Regulatory Commission Pushes Daman & Diu to Meet RPO Targets

The Joint Electricity Regulatory Commission (JERC) in its order has directed Dadra and Nagar Haveli Power Distribution Corporation Limited (DNHPDCL) and the electricity department of Daman & Diu to bid ...
/ / Grid, Market & Policy
Trading Platform for International Renewable Energy Certificates Started in Singapore

Trading Platform for International Renewable Energy Certificates Started in Singapore

Singapore-based SP Group, one of the leading names in the energy utility business, has now become the first authorized local issuer of International Renewable Energy Certificates (I-RECs) in the Asia ...
/ / Other, Renewable Energy
Non Solar REC Trading Wind IEX PXIL Aug 2017

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 ...
/ / Other, Renewable Energy