SUBSCRIBE NEWS LETTER

Renewable Energy Certificates

REC Sales Down 61 Percent in July

Sale of REC declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply Sale of renewable energy certificates (REC) declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago […]

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Ørsted and Equinor big Winners in New York’s 1.7 GW Wind Solicitation

NYSERDA has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects in the New York’s first offshore wind competition. The New York State Energy Research and Development Authority (NYSERDA) has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects […]

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CapitaLand to Install 6 Rooftop Solar Plants in Singapore

CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six CapitaLand properties by end 2019. CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six of its properties by end 2019. The installation will form the largest combined rooftop solar facility in Singapore by a […]

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Spot Power Prices Drop 11% in June to Rs 3.32/unit

Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […]

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Seventy Majors From India’s Top 100 Corporates Shifting to RE: WWF Report

Giving a boost to the Renewable energy sector in India, the latest WWF India report says that 70% of top Indian corporates have shown increased uptake of Renewable energy. The report titled, ‘Renewable Energy Demand in India: Corporate Buyers’ Perspective’ was launched by Mr. Jamshyd Godrej, Chairman, Godrej & Boyce in Mumbai at a WWF-India and The […]

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CERC Extends Validity of RECs Due to Expire Between April and October 2019

Central Electricity Regulatory Commission (CERC) has extended the validity period of RECs which were due to expire between April 1, 2019, and October 31, 2019. The Central Electricity Regulatory Commission (CERC) has, in a big move for the renewable energy generators of solar and non-solar projects in the country who are involved in the trading […]

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REC Sales Drop Again, Down 65% in April to 3.68 Lakh

Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […]

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Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States

The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […]

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Tamil Nadu Sets Generic Tariff For Solar Projects at Rs 3.04/kWh

The Tamil Nadu Electricity Regulatory Commission (TNERC) has in its latest order set the generic tariff for procurement of solar PV power in the state to Rs 3.04 per kWh. The tariff will apply to the procurement from all solar PV projects of capacity 1 MW and above. The control period of this order will […]

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