Tag Archives: REC

10 years of R&D spending analysis of 12 key PV module manufacturers

Posted on September 26, 2017 by Ritesh Pothan

 A technology buy cycle driven by PERC technology is keeping R&D spending high. Image: Fraunhofer ISE R&D spending patterns Combined R&D expenditures of 12 major PV module manufacturers in 2016, tracked since 2007, declined by approximately 4.4% in 2016 to … Continue reading →

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(REC) Renewable energy certificates, battling declining demand, could be scrapped

Posted on September 26, 2016 by Ritesh Pothan

Renewable energy certificates, battling declining demand, could be scrapped, officials said. The industry, however, sees a turnaround by 2017-18 and does not want the certificates to meet the fate of carbon credits The market for these certificates, launched in 2010, … Continue reading →

Posted in CERC, Climate Change, Government, Grid Interactive Distributed Solar Energy Systems, India, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, Solar Policy | Tagged , , , , , , , , , , , | Leave a comment

Central Electricity Regulatory Commission hereby makes the following regulations to amend the Central Electricity Regulatory Commission (Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation) Regulations, 2010

Posted on April 14, 2016 by Ritesh Pothan

Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation) Regulations, 2010 CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI  Dated: 28th March, 2016   NOTIFICATION No. L-1/12/2010-CERC: In exercise of powers conferred under Section 178 of the Electricity … Continue reading →

Posted in Biomass, CERC, Cogeneration, Hydro, India, Power Generation, Renewable Energy Certificates, Renewables, Solar, Wind | Tagged , , , , , , , , , , , , , , , | Leave a comment

Determination of tariff for Grid Interactive Megawatt scale Solar Power Plants – KARNATAKA ELECTRICITY REGULATORY COMMISSION

Posted on August 24, 2015 by Ritesh Pothan

On the basis of the approved parameters, the Commission hereby approves the following tariff: Type of Solar Plant Approved Tariff in Rs/Unit Solar PV Power Plants 6.51 Solar Thermal Power Plants 10.85 This Order is signed and issued by Karnataka … Continue reading →

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Draft Central Electricity Regulatory Commission (Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation) (Fifth Amendment) Regulations, 2015

Posted on July 13, 2015 by Ritesh Pothan

CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI Dated: 26th June, 2015 DRAFT NOTIFICATION No. L-1/12/2010-CERC: In exercise of powers conferred under Section 178 of the Electricity Act, 2003 (36 of 2003) and all other powers enabling it in this behalf, and … Continue reading →

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CERC announces draft for revamp of Solar RECs in a welcome move to make it bankable

Posted on October 6, 2014 by Ritesh Pothan

CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI Petition No. SM/016/2014 (Suo Motu) Date of order: 30th September, 2014 Coram:                               Shri Gireesh B. Pradhan, Chairperson Shri M. Deena Dayalan, Member Shri A.K. Singhal, Member Shri A.S. Bakshi, Member ORDER IN THE MATTER … Continue reading →

Posted in CERC, Climate Change, CSP, DISCOM, Grid Interactive Distributed Solar Energy Systems, India, Power Generation, PV, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Tata Power gets approval to postpone solar target until 2016

Posted on December 28, 2013 by Ritesh Pothan

Maharashtra Electricity Regulatory Commission allows Tata Power to postpone solar targets till 2016 Tata Power has been unable since 2010 to source enough solar power to meet government renewable mandates because of a shortage of sun-based generation in the country. … Continue reading →

Posted in DISCOM, Grid Connected, Maharashtra, MERC, PV, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables | Tagged , , , , , , , , , , | Leave a comment

REC turns profitable as PV module plant at full capacity

Posted on July 24, 2013 by Ritesh Pothan

REC reported second quarter 2013 revenue of NOK 1,544 million (US$ 257.3 million), a 21% increase over the prior quarter. The company posted a positive EBITDA of NOK 152 million (US$25.3 million) in the quarter, marking a return to an … Continue reading →

Posted in Cells & Modules, PV, Renewables, Solar | Tagged , , , , , , , | 1 Comment

REC July 2013 Amendment brings only minor changes, a major disappointment for Renewable Energy Developers

Posted on July 15, 2013 by Ritesh Pothan

Central Electricity Regulatory Commission (Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation) (Second Amendment) Regulations, 2013. Click here for the notification Click here for the Statement of Reason Below the Gist of the … Continue reading →

Posted in CERC, Grid Connected, Hydro, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Rooftop, Solar | Tagged , , , , , , , , , | Leave a comment

Why are we surprised that only 25% Solar RECs sold and that too at floor price!

Posted on June 30, 2013 by Ritesh Pothan

Natgrp: If you are indeed surprised, then a must read would be my article of May 2011 which predicted the very same scenario we have seen unfolding over the past years. Click Here for the full article India Solar Credits … Continue reading →

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