Renewable Energy Certificates (REC)

2012 – A (Solar) Year in Review

2012 has been a remarkable year for Solar in India. The country continued its journey towards better energy security this year witnessing significant solar capacity additions. Having ended 2011 on a relatively small high of 300 MW of solar capacity addition, India finally entered the 1 GW solar club during the middle of 2012. This […]

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CERC invites comments on extending the validity of RECs beyond 365 days

The lack of enthusiasm for REC trading has prompted the Central Electricity Regulatory Commission(CERC) to rethink the validity of the RECs, which is currently at 365 days. As the CERC put it,” It is noticed that non-solar REC prices have remained at floor price since September 2012 as supply of REC remains far in excess

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Tamil Nadu Solar Policy Released- The Most Ambitious State Policy Till Date…

The great solar(gold) rush moves to Tamil Nadu. The state, reeling under massive power cuts of upto 16 hours every day in many parts of the state caused by lack of enough generation capacity, has resorted to Solar in a big way.This most anticipated policy plans to achieve its targets of 3000 MW in 3

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Renewable Energy Certificates (REC) Trading Takes Off In India

(This post originally appeared on EAI Blog –http://www.eai.in/blog/2011/03/renewable-energy-certificates-rec-trading-takes-off-in-india.html. It was contributed by Madhavan Nampoothiri, Founder & Director of RESolve Energy Consultants on 31 March2011.) The trading of Renewable Energy Certificates (REC), one of the key growth drivers for the Renewable energy industry, has successfully started in India. The RECs were traded in 2 of the

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A Review Of The Indian Renewable Energy Sector In 2010 – Part II ( Solar And REC Trading )

(This post originally appeared on EAI Blog –http://www.eai.in/blog/2011/04/a-review-of-the-indian-renewable-energy-sector-in-2010-%E2%80%93-part-ii-solar-and-rec-trading.html. It was contributed by Madhavan Nampoothiri, Founder & Director of RESolve Energy Consultants on 18 April 2011.) Solar Sector Solar was the most talked about sector in 2010 and there was a rush from different entities to enter this sector and profit from its growth. This was

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A Review Of The Indian Renewable Energy Certificate (REC) Trading For April 2011

(This post originally appeared on EAI Blog –http://www.eai.in/blog/2011/04/a-review-of-the-indian-renewable-energy-certificate-rec-trading-for-april-2011.html. It was contributed by Madhavan Nampoothiri, Founder & Director of RESolve Energy Consultants on 28 April 2011.) The trading of Renewable Energy Certificates (REC) s in India started successfully on 30th March 2011. A detailed review of the first trading day is available at http://bit.ly/fg7Dtu . REC trading is scheduled

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Changes To The Renewable Energy Certificates(RECs) Price Band

(This post originally appeared on EAI Blog – http://www.eai.in/blog/2011/06/changes-to-the-renewable-energy-certificatesrecs-price-band.html. It was contributed by Madhavan Nampoothiri, Founder & Director of RESolve Energy Consultants on 23 June 2011.) The Central Electricity Regulatory Commission (CERC) is inviting comments and suggestions for the revision of the price band for the Renewable Energy Certificates (RECs) traded at the power exchanges.

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REC Price Band Revised

(This post originally appeared on EAI Blog – http://www.eai.in/blog/2011/08/rec-2012-and-beyond.html. It was contributed by Madhavan Nampoothiri, Founder & Director of RESolve Energy Consultants on 25 August 2011.) The Central Electricity Regulatory Commission(CERC) has announced the floor and forbearance prices to be used for solar/non-solar projects from the FY 2012-13 upto 2016-17. The prices set are shown in

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