Browsing All posts tagged under »renewable energy projects«

RE in Maharashtra – progressing but crawling towards potential

April 4, 2011 by

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Maharashtra continues to face power shortage. While Jaitapur nuclear plant may be witnessing opposition from locals, a recent economic survey of Maharashtra presented at the state legislature says that only 2,936 MW out of total 8,655 MW renewable energy potential has been tapped. Exploiting this potential, with an expected investment of around Rs. 30,000 crore […]

India joins the top 10 as the global CleanTech investment at $243 billion in 2010

April 4, 2011 by

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India has joined ranks with leading nations in clean energy, featuring for the first time in the top 10 global clean tech finance and investment destinations. Globally, renewable energy finance and investment grew by 30% in 2010 over 2009. The number reached $243 billion in 2010. These numbers were published in a new research released […]

RECs for captive consumption

March 22, 2011 by

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A common question in the minds of renewable energy developers is whether the existing RE generators who have opted for captive consumption of the energy generated would be eligible for REC? The answer to the question is as under A RE based Captive Power Producer (CPP) is eligible to earn RECs for the entire energy […]

PPA under REC Mechanism – unit prices

March 16, 2011 by

Comments Off on PPA under REC Mechanism – unit prices

Essential concept of the REC mechanism is the split of the electricity revenue for a renewable energy producer into a “pure” electricity component and the environmental commodity, the REC. The RE producer will therefore have to sign a Power Purchase Agreement (PPA) with the distribution or transmission utility at the “average pooled purchase cost” (APPC) […]