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Renewable Energy Certificates

REC Sales up 64 Percent to 21.42 Lakh Units in February

Sales of REC rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago owing to high demand Sales of renewable energy certificates (REC) rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago […]

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Four Boralex Projects Worth 180 MW Selected Under RfP in New York

Boralex has announced that four of its solar energy projects were selected by NYSERDA, as part of its 2019 Renewable Energy Standard Solicitation Boralex has announced that four of its solar energy projects – Greens Corners (120 MW), Sandy Creek (19.99 MW), Bald Mountain (19.99 MW), and West River (19.99 MW) – were selected by the New York State Energy Research […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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After Solar, TN Commission Issues Details for Wind Power Procurement

The Tamil Nadu Commission has issued a consultive paper discussing the approach for procurement of wind power by Discoms and related issues of open access. The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a consultive paper discussing the approach for procurement of wind power by the Distribution Licensee (Discoms) and on related issues of […]

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MERC Approves Tariff of Rs 2.90/kWh Discovered in 500 MW Solar Tender

MERC has approved the tariff discovered by the MSEDCL for the procurement of 500 MW power from solar projects for meeting its Solar RPO. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the tariff discovered by the Maharashtra State Electricity Distribution Company (MSEDCL) for the long term procurement of 500 MW […]

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CERC Extends Validity of Expiring RECs Until March 31

CERC has in its latest order extended the validity of RECs that were set to expire on December 31, 2019, until March 31, 2020. The Central Electricity Regulatory Commission (CERC) has in its latest order extended the validity of Renewable Energy Certificates (RECs) that were set to expire on December 31, 2019, until March 31, […]

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MSEDCL Seeks Approval for Procuring 500 MW RE With Storage to Fulfill RPO

MSEDCL has filed a petition with MERC for approval on procurement of 500 MW renewable energy with energy storage facility for 25 years The Maharashtra State Electricity Distribution Corporation (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval on procurement of 500 MW flexible and schedulable power from renewable energy […]

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REC Sales Drop to Nearly Half in August

The sales of REC in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to 8.19 lakh units sold in the same month last year. The sales of Renewable Energy Certificates (REC) in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to […]

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E.ON Commissions 201 MW Wind Farm in Texas

E.ON has successfully opened its Stella Wind Farm, a 201 MW project in Kenedy County in Texas. German energy utility firm E.ON has announced that it has successfully opened its Stella Wind Farm, a 201 MW project located in Kenedy County in Texas. “In addition to creating high-paying local jobs, the Stella Wind Farm will generate […]

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