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REC

REC Trading Market Suffers a Hit, Again, As High Court Suspends Trading For 6 Weeks

The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the Indian Wind Power Association Northern Region Council’s that challenged the […]

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Director General

National Institute of Solar Energy (NISE) is an autonomous institute (registered under Societies Registration Act 1860) under the administrative control of the Ministry of New & Renewable Energy (MNRE). NISE is having its Headquarters at Gurugram (Haryana). The Institute is an apex National R&D Institute in the field of Solar Energy and undertakes activities related […]

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Solar Recycling Picking Up Pace

The strong growth of the solar energy sector in the recent year – especially in the last decade – and the constant call for ‘circular economies’ citing environmental concerns will be harbingers for the solar recycling industry. The value of recovered raw materials from discarded solar panels has the potential to increase up to $450 […]

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Costs Related to REC Certificates Hiked 2x to 10X By CERC

In an order dated Dec 9, the Central Electricity Regulatory Commission has accepted the demand of the National Load Despatch Centre (NLDC), the designated entity for registration and issuance of REC (Renewable Energy Certificates) to increase charges linked to the certificates. NLDC had submitted that it was losing money in the whole process, and consequently, […]

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Germany Sees Waning Interest in Recent Tender For 609 MW of Solar Projects

The most recent tender bidding for ground-mounted solar projects in Germany, awarded 609 MW of solar power. Only 117 proposals, with a combined capacity of 677 MW, were submitted by the Federal Network Agency (BNetzA) by the deadline of November 1 for an allocation of 890 MW for solar parks that are ground-mounted nor solar […]

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MG4 Electric Receives a Five-Star Safety Rating from Euro NCAP

The European subsidiary of Chinese automotive manufacturer, MG Motor Europe, the new all-electric MG4 hatchback has received the highest possible five-star Euro NCAP (The European New Car Assessment Programme) safety rating. The European New Car Assessment Programme was established in 1996 and is a voluntary European initiative for evaluating the safety of new cars.  It […]

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RECPDCL Floats Tender for Setting up 1.25 GW Solar Power Projects

REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 1250 MW (1.25 GW Solar Power) of interstate transmission system (ISTS)-connected through tariff-based competitive bidding (TBCB) process (Tranche-I) on building its own operate (b-O-O) basis. By combining thermal or hydroelectric with renewable energy and storage, the projects seek […]

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E-battery recycler Lohum Aims to Increase Topline by Three Times This Fiscal

Greater Noida-based manufacturer and recycler of lithium-ion battery packs, Lohum has stated that strong demand is expected to fuel a three-fold increase in its topline this fiscal year to over Rs 300 crore. According to Lohum Cleantech, the lithium-ion battery business is predicted to grow 11-fold between 2020 and 2030, prompting the company to develop […]

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