Important News Snippets from India’s Renewable Industry in June 2019

Important News Snippets from India’s Renewable Industry in June 2019

In the month of June 2019, the most important news development in India’s renewable industry came from the United States with President Trump ending India’s designation as a beneficiary developing ...
Month in a Minute: Major News Highlights from India’s Solar Industry in May 2019

Month in a Minute: Major News Highlights from India’s Solar Industry in May 2019

There was a lag in the rapid pace of activities in the renewable energy sector during the month of May. The ongoing Lok Sabha elections had slowed down the tenders ...
APTEL Dismisses Petitions Against New Solar and Non-Solar REC Pricing Issued by CERC

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 ...
/ / Markets & Policy, Solar
India’s Solar Sector Received Investments Totaling $1.86 Billion in Q2 2018

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 ...
/ / Markets & Policy, Solar
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

CERC Extends Validity of RECs due to Expire Between October 2018 and March 2019

The Central Electricity Regulatory Commission (CERC) has issued an order extending the validity of Renewable Energy Certificates (RECs) which are due to expire between October 31, 2018 and March 31, ...
/ / Markets & Policy, Solar
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
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 ...
Non-Solar RECs Issued on or After April 1, 2017 to be Sold at Floor Price of ₹1,000

Non-Solar RECs Issued on or After April 1, 2017 to be Sold at a Floor Price of ₹1,000

Non-solar renewable energy certificates (RECs) issued on or after April 1, 2017, will be sold at a floor price of ₹1,000 (~$14.809)/REC, the Supreme Court has ruled. The court had ...
Interview: Solar & Non-Solar REC Generators Could Lose ₹18 Billion if Relief is Not Provided

Interview: Solar & Non-Solar REC Generators Could Lose ₹18 Billion if Relief is Not Provided

The solar REC trading in the country was stalled for the past one year. In April 2018, both, solar and non-solar renewable energy certificates (REC) were traded for the first ...
/ / Markets & Policy, Solar
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
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 ...
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
Supreme Court

Supreme Court Extends the Validity of Solar and Non-Solar RECs to March 31, 2018

The Supreme Court has extended the validity of solar and non-solar Renewable Energy Certificates (REC) that were due to expire between April 1, 2017, and March 31, 2018, up to ...
/ / Markets & Policy, Solar
Supreme Court

Breaking: Supreme Court Issues Order Allowing Wind REC Trade

The Supreme Court of India has issued an order allowing the trade in Wind Renewable Energy Certificates (RECs). The highest court in India has removed the stay placed on the ...
/ / Other, Wind
Solar Renewable Energy Certificate Trade Volume in 2016 Surpasses Last Year's Numbers

Solar Renewable Energy Certificate Trade Volume in 2016 Surpasses Last Year’s Numbers

Solar Renewable Energy Certificates (RECs) started trading in India in 2012 and have been growing steadily since the first year trading volume of 6,288. In 2014, there was a slight ...
/ / Markets & Policy, Solar