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Renewable Energy Certificates

CERC Eases Rules, Compliances For Generators, REC Certificates

As part of its ongoing efforts to ensure ease of doing business, the Central Electricity Regulatory Commission (CERC) has come out with a suo-motu order on January 22, published on its site on January 24, that relooks some of the rules and compliances mandated for power generators. The new revisions cover rules linked to procedures, […]

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Land and Liasioning – Solar/Wind Energy

Acquisition of land for setting up of large wind/Solar projects related documentation, due diligence, title search reports and land maps, identify aggregators for smooth acquisition of land. Have now how of technical requirements and onsite land identification for Solar/Wind Power Stay updated with the application of state Land laws, Property laws and Local laws including […]

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With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum

Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […]

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CERC Grants Trading License to Renew Energy

In a recent order, the Central Electricity Regulatory Commission (CERC) has granted ReNew Energy Markets Private Limited’s (formerly known as Renew Vayu Power Private Limited) request to be granted Category `IV` Trading Licence, which permits the inter-state trading of maximum 2,000 MUs of electricity in one financial year across the nation. The application from Renew […]

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International RECs: A reliable way to go 100% Renewable

Introduction: Sustainability Goals and Commitments The Race to Zero campaign was launched by the UNFCCC’s Climate Ambition Alliance with a goal of achieving net zero carbon emissions by 2050. As of February 2021, 1,397 businesses have pledged to join the Race to Zero campaign and achieve net zero carbon emissions by 2050. These include the […]

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World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […]

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RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF

According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […]

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Ujaas Energy Confirms its 7 MW Solar Plant in MP is Under Break Down

Ujaas Energy has announced that its 7 MW solar power plant in Barod in Madhya Pradesh is under break down.  In a regulatory filing, the firm stated that its “7 MW Solar Power Plant of the company situated at Barod location- Block no – S3 is under break down by fault identification and root cause […]

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