Renewable Purchase Obligation

TNERC proposes solar RPO of 2% in a bid to put TN solar policy back on track

Discoms, Regulation, Renewable Purchase Obligation, Solar, Tamil Nadu /

The Tamil Nadu Electrcity Regulatory Commission (TNERC) in a notice issued yesterday has proposed to amend the solar component of the RPO under the Renewable Purchase Obligations 2010 to state that the solar component of the state’s RPO would be increased to 2% from 0.05% earlier. TNERC has specified that the total RPO enforced in […]

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REC Trading for January 2014 – Solar drops by 19%; Non-solar drops by 11%

4 Comments / Renewable Energy Certificates (REC), Renewable Purchase Obligation, Solar /

After growing marginally in December 2013, the solar REC trading dropped to its lowest levels in 5 months. Non-solar REC trade also dropped after increasing continuously for 4 months. Since the number of RECs traded were less than the number of RECs issued, the inventory of both solar and non-solar RECs continued to grow. Both

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REC Trading December 2013 – Non-Solar trade increases by 31%; Solar trade increases marginally

Renewable Energy Certificates (REC), Renewable Purchase Obligation /

In the last trading session for the Quarter 3 of 2013-14, non-solar RECs trade showed remarkable resilience and continued its growth from the previous month. The non-solar REC inventory remained almost constant, reflecting a supply vs demand match during this trading session. However, Solar REC trade remained fairly constant from the previous month, and the

REC Trading December 2013 – Non-Solar trade increases by 31%; Solar trade increases marginally Read More »

CERC amends REC guidelines

Renewable Energy Certificates (REC), Renewable Purchase Obligation /

We had earlier written about CERC proposing to amend the REC guidelines in a blog post in April 2013. The CERC, vide an order dated July 10th 2013 titled Central Electricity Regulatory Commission (Terms and Conditions for recognition and issuance of Renewable Energy Certificate for  Renewable Energy Generation) (Second Amendment) Regulations, 2013 has made the

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CERC proposes draft amendments to REC guidelines

Regulation, Renewable Energy Certificates (REC), Renewable Purchase Obligation /

Following the announcement that the validty of the RECs would be extended beyond their present 365 day window, the Central Electricity Regulatory Commission (CERC) has now released a second set of (draft) amendments to their REC guidelines. These amendments – as can be seen from the draft documents published by CERC are more clarifications of

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Karnataka Solar – RfP for 130 MW released ; No L1 process

3 Comments / Karnataka, Policy, Renewable Purchase Obligation /

Karnataka is the latest state to release an RfP for allocation of projects totaling 130 MW. Karnataka follows Tamil Nadu, Andhra Pradesh, Rajasthan, Bihar and Odhisha in releasing an RfP. Unlike most of the recent tenders, Karnataka has not opted for L1 process for project allocation. Instead, it will be similar to the reverse bidding

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Indian Solar – Odisha floats 25 MW tender

4 Comments / Odisha, Others, Renewable Purchase Obligation /

The Odisha state government, through OREDA (Odisha Renewable Energy Development Agency) today floated a tender for 25 MW of solar capacity to be installed in the state in continuation of the state’s pursuit of adding solar capacity to its renewable energy portfolio. The state had floated two other tenders earlier for 25 MW each. The

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Renewable Energy Certificates(REC) validity extended to 2 years(730 days)

Regulation, Renewable Energy Certificates (REC), Renewable Purchase Obligation /

Central Electricity Regulatory Commission(CERC) has extended the validity of Renewable Energy Certificates(REC) to 2 years (730 days). The commission issued these guidelines after hearing the petitions from stakeholders on the subject(More details about the invitation for comments can be found here). This should provide huge relief to all renewable energy generators, who rely on the

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REC Trading in Jan 2013 – Solar REC sales increase by 91% and Price increases by Rs. 140/REC

1 Comment / Regulation, Renewable Energy Certificates (REC), Renewable Purchase Obligation /

The first round of REC trading in the new year continued in the same vein as the previous year with some surprises. It should be noted that we are in the last quarter of the compliance year wherein all obligated entities would have to fulfil their obligations or meet with stiff penalties (should they be

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JNNSM Draft policy guidelines for Phase 2 released..

1 Comment / MNRE, off-grid PV, Policy, Renewable Purchase Obligation, Rooftop PV, Rural Electrificaton, Solar PV, Solar Thermal /

The wait for the JNNSM Phase 2 guidelines seems to be over. The MNRE has released the draft guidelines. Please note that this is only a draft document and final decision on certain key issues are awaited.The draft can be accessed here. Some of the highlights from the document are reproduced below. a. Target for

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