SUBSCRIBE NEWS LETTER

REC

How World Record Low Solar Prices Moved Out of India

Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […]

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UL Receives Accreditation to Test RE Plants in India per CEA Grid Codes

UL has received accreditation from DAkkS that enables it to test renewable energy (RE) power plants per CEA of India grid codes. UL, a global safety science company, has announced that it has received accreditation from Deutsche Akkreditierungsstelle GmbH (DAkkS) that enables it to test renewable energy (RE) power plants per Central Electricity Authority (CEA) […]

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First Real Sign of Recovery; Peak Power Demand Returns to Normal

The Peak Power Demand has finally found its way back to normal as India touched 174.33 GW demand on September 9, 2020, showing the first real sign of recovery. The Peak Power Demand in India, which has perhaps taken one of the biggest hits that lasted nearly 4-6 months due to the lockdown imposed for […]

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RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs

RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […]

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REC Arm ‘REC-PDCL’ Wins SECI Tender for 10 MW Solar Project in Jaipur

REC Limited has announced that its arm REC-PDCL has emerged as the lowest bidder for a 10 MW solar project in Jaipur under an auction conducted by SECI. State-owned public Infrastructure Finance Company in the power sector REC Limited, formerly Rural Electrification Corporation, has announced that its arm REC Power Distribution Company (REC-PDCL) has emerged […]

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US Energy Storage Market Sets Record for Deployments in Q2: WoodMac

The US energy storage sector saw its strongest Q2 on record for deployments, according to Wood Mackenzie and the US ESA’s latest report The United States energy storage sector saw its strongest second quarter on record for deployments. According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, […]

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Amp Energy India Appoints Surendra Gupta as Director and CFO

Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […]

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Recycling, The Coming Challenge For Solar Panels

With Global Solar Capacity crossing 600 GW this year, the industry can no longer afford to ignore the issue of recycling faulty or retiring solar panels. The 600 GW milestone for solar might have passed by unannounced this year, but it is a huge milestone, and 2020 might still end with close to 650 GW […]

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IEX, PXIL Make the Case for Reopening REC Trading

IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), citing the impact on the entire value chain. Energy exchanges IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), saying the market closure is impacting the entire value chain in the electricity […]

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