CERC amends REC guidelines

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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India Solar – MNRE officially stops appointment of new Channel Partners

It is now official. MNRE has released a notice saying that it is no longer accepting any new applications to become channel partners. The full notice reads” The SPV division has stopped receiving new applications to become channel partners under Off-Grid and Decentralized Solar Applications programme for the time being. The already received applications will

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India : Renewable Energy capacity addition stagnates in April and May 2013

MNRE has released the data for the cumulative installed capacity of renewables in India till 31st May 2013. The previous data was till March 31, 2013 and the data shows that the capacity addition grew by 376 MW in April and May 2013. Most of the capacity addition(grid-interactive power) in these two months happened in

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Number of MNRE Solar PV Channel Partners decreases in June 2013

MNRE has announced the list of Channel Partners as of 01.07.2013. About 6 months back, we did an analysis of the channel partners and found some interesting details. For example, we found that in February 2013 that NCR region(Delhi, Gurgaon, Noida and Ghaziabad) had the highest number of channel partners(37) followed by Karnataka, Maharashtra, Gujarat,

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REC Trading – June 2013 – Solar RECs hit floor price limit

REC trading for the month of June 2013 concluded on Wednesday. Keeping up with the downward trend, the Solar RECs have reached new lows and hit the floor price for the first time since trading began trading at the floor price of Rs. 9300 per certificate at both IEX and PXIL. This appears to be

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