Tag Archives: Renewable Energy Certifcates

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

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

In a good start for 2015, CERC sets the Solar REC floor price post Jan 1 2014, to a more acceptable Rs. 3500 / Certificate for sale to Discoms but doesn’t address the faulty trading mechanism

Various stakeholders had raised concern about the bankability of renewable energy project under REC mechanism because of high risk perceived by the bankers/ financial institutions. The key constraint identified by them was the lack of visibility of revenue under the … Continue reading

Posted in CERC, Commercial, DISCOM, Government, Grid Connected, Grid Interactive Distributed Solar Energy Systems, India, Power Generation, PV, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, Solar Parks, Transmission and Distribution | Tagged , , , , , , , , , , , , , ,

Renewable energy certificate market crashes as state distribution utilities fail to meet norms

Prices of these renewable energy certificates have dropped 45% in the past year because of paucity of buyers and as sellers keep off awaiting better prices   A fledgling market in clean energy certificates has crashed as state distribution utilities have failed to honour … Continue reading

Posted in PV, Renewable Energy Certificates, Renewables, Solar | Tagged , , , , , , , , , , , , , , , , , | 1 Comment