Obligated Entities Still Waiting for Renewable Energy Certificates Trading to Resume
Power exchanges have not yet resumed trading renewable energy certificates (REC) as they await the final order from the Appellate Tribunal for Electricity (APTEL), allowing resumption. REC trading has now ...
APTEL’s Stay on REC Trading has Significantly Impacted the Renewable Market: Interview
Renewable energy certificates (RECs) play a vital role in helping companies meet their renewable purchase obligations (RPOs). They encourage the sale and growth of renewable energy and help the country ...
Power Exchanges Hoping to Resume REC Trading by October End
Power exchanges might resume trading renewable energy certificates (RECs) in October after the Appellate Tribunal for Electricity (APTEL) issued an order postponing their trade early August. Renewable Energy Certificates “REC ...
Daily News Wrap-Up: Amplus First to Trade on Green Term-Ahead Market
Here are some noteworthy cleantech news and announcements of the day from around the world: Amplus Solar said that it became the first solar generator to trade solar electricity on ...
India Will Not Levy Late Fee on Bills of Entry of Imported Cargo Amid COVID-19 Outbreak
Amid the novel coronavirus (COVID-19) outbreak, the office of the Principal Commissioner of Customs (ACC-Import), has issued a pubic notice to clear imported cargo. According to the notice, late fee ...
Solar REC Trading Rises in January 2020
Entities rushed to buy renewable energy certificates (RECs) to meet their renewable purchase obligations (RPOs) in January 2020. A cumulative sum of 76,220 solar RECs was traded on the Indian ...
CERC Announces New Guidelines for Seamless Cross-Border Trade of Electricity
The Central Electricity Regulatory Commission (CERC) has issued new regulations for the cross-border trade of electricity. These regulations will come into force from the date of publication in the Official ...
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 ...
European Union to Join Hands with India for the Growth of Sustainable Technologies
The European Union (EU) has issued a joint communication to the European Parliament and the Council through which the EU aims to reinforce EU-India strategic partnership, build a strong partnership ...
India and Tanzania Likely to Develop Solar Power Projects Together
India and Tanzania have agreed to develop solar power projects together in the future as members of International Solar Alliance (ISA). The decision was made during the ninth India-Tanzania Joint ...
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 ...
MAHAGENCO Gets Electricity Trading License from MERC
The Maharashtra Electricity Regulatory Commission (MERC) has awarded electricity trading license to Maharashtra State Power Generation Company Limited (MAHAGENCO). With this grant of license, MAHAGENCO can now participate in the ...
India-Nepal Electricity Trade to Grow with the Commissioning of 220 kV Dhalkebar Substation
India and Nepal have strengthened their electricity trade with the commissioning of the high-voltage Dhalkebar substation in southern Nepal. This is part of a World Bank-supported Nepal-India Electricity Transmission and ...
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 ...
US Objects to India’s Request for a Compliance Panel to Resolve Solar DCR Dispute
The solar trade dispute between the U.S. and India hit another roadblock recently after the U.S. objected to India’s request to establish a compliance panel to resolve the deadlock. India ...