Browsing All posts tagged under »Renewable Energy Certificates«

Summary of second amendment to REC regulations

April 6, 2013 by

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Central Electricity Regulatory Commission (CERC) suggested amendment in the existing REC regulations. The principal objective of the Amendment Regulations is to provide clarity on applicability of the regulations to eligible entities and bring in certain essential checks and balances in the REC related process. The summary of the draft amendments is given below; Reverse bidding […]

Renewable energy newsletter -August 2012

September 1, 2012 by

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August Highlights Off-grid Power: Off-grid renewable power projects using wind energy, biomass energy, hydro power and hybrid systems are being established in the country to meet the energy requirements of remote locations which are not likely to be electrified in the near future. The need for off-grid Power: According to the International Energy Agency, about […]

REC Trade in January – Prices cross Rs. 3000 mark in New Year

January 26, 2012 by

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Demand outstrips supply – REC prices touch highest this FY Trade Value crosses Rs. 50 crores mark in January The tenth REC trading session of this FY and the first in the New Year on Wednesday 25th January saw REC prices continue to rise. REC price reached Rs. 3051 at both exchanges – the highest […]

Year 2011 – Renewable Energy sector in India

January 1, 2012 by

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The highlights of the year 2011  for the renewable energy sector in India are The country saw 3815 MW grid connected RE capacity getting added. As expected, wind energy sector contributed the highest at 2827 MW, biomass was second at 498 MW, small hydro contributed 310 MW and solar 180 MW . The total grid-connected […]

REC Mechanism – a start in Andhra Pradesh

December 25, 2011 by

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Yesterday on 24th December, APERC took the much awaited first step towards REC mechanism in the state with a Public Notice inviting comments and suggestions on the Draft regulations that would eventually pave the way for REC projects getting accredited in AP and Obligated Entities coming under the RPO. Key take aways are as under […]

Implications of the TN RPO amendment

August 8, 2011 by

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The renewable purchase obligation for the RE-rich state of Tamil Nadu was amended recently. TNERC published the amended version on 29th July 2011. The key points for consideration are as under 1. Obligated Entities The earlier version of the RPO mandated the quantum of RE purchase only to the distribution licensees, as the  RPO document refered […]

Accredited RE Generators under REC Mechanism

March 26, 2011 by

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Since the launch of REC market and related mechanism in November 2010, a number of RE players (outside the solar) have shown interest in accessing this market. This is really a good sign and indicates the belief project developers have in the REC market and its relevance to the viability of the RE projects commissioned, […]