Tag Archives: Renewable Energy Certificates

Former chairman of Atomic Energy Commission (AEC), Anil Kakodkar, says he has been asked to head India’s Solar Programme

Former chairman of Atomic Energy Commission (AEC), Anil Kakodkar, on Thursday, May 24th 2012,  refuted media reports that he “refused” Rajya Sabha nomination. He said he could not accept the Prime Minister’s offer because he has his hands full with various government … Continue reading

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Biomass-based power producers seek regulators’ help to resolve issues

Natgrp: Oddly enough over the last few years the biomass industry has faced a number of issues sourcing agricultural waste from local farmers due to the nearsightedness of not tying up the supply chain using professional methods which has led to the current … Continue reading

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Blowing in the Wind

Is the answer to the Indian Renewable story blowing in the wind? Read about it on my article on Renewable Energy Magazine Ritesh Pothan offer us an in-depth analysis of the wind industry present and future in India. “Wind is … Continue reading

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The Indian Biomass Power Sector – Part 1

by Jai Rathod In the first of a two-part blog piece, Ritesh Pothan’s colleague, Jai Rathod, takes a look at the milestones reached by India’s biomass sector. Jai reports that India’s biomass industry faces a number of challenges, but concludes that “in … Continue reading

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Final Tariffs for Gujarat Solar Policy declared for plants commissioned post 28th Jan 2012 – Gujarat still a lucrative Solar Destination

While rejecting the request for extension of projects with deadlines of Dec 2012 due to inadequate reasoning, the Gujarat Solar policy enters a new tariff phase for the period 2012-2013 for PV  and 2012-2015 for Solar Thermal, interestingly rates for … Continue reading

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Australian Carbon Tax Legislation has now been passed and will convert into an emissions trading system in 2015

For all those Renewable Energy Projects who have written off carbon credits as a funding mechanism should take heart in the form of the Australian Carbon Tax legislation which allows for purchase of carbon credits from outside Australia post 2015, … Continue reading

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Only half of JNNSM projects under reverse bidding have been able to secure financial closure

PV Magazine has reported that only half of the projects allocated under the Jawaharlal Nehru National Solar Mission (JNNSM) have achieved financial closure and the remaining Power Purchase Agreements stand cancelled. Documented proof of financial closure is required by the … Continue reading

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New REC forebearance price target for next control period beginning 1st April 2012 announced

A new order released by the Central Energy Regulatory Commision (CERC) has reduced the REC prices for both Solar and Non-Solar Renewable Energy Certificates (REC) with effect from 1st April 2012. The most significant reduction is of the Solar REC forbearance prices … Continue reading

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Will REC’s be the solution for grid based renewable projects in India

The REC (Renewable Energy Certificate) mechanism was introduced last year with the intent to subsidize the market for renewable energy power though these certificates have only started trading in the month of March 2011. There have been numerous conferences on … Continue reading

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