22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19 Updated On Mon, Apr 1st, 2019 by Saurenergy In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year. Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […] Read more
Siemens Gamesa to Supply 567 MW to Renew Power for 2 Wind Projects Updated On Fri, Feb 1st, 2019 by Saurenergy As per the deal, which is said to be one of the largest announced in the country, the wind turbine maker will provide the infrastructure needed to install and operate both wind power facilities to Indian IPP. Spanish wind turbines maker Siemens Gamesa Renewable Energy (SGRE) secured a new order from ReNew Power, India’s one […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
How ‘SAUBHAGYA’ is ‘UDAY’, T&D PONDERS? Updated On Thu, Oct 26th, 2017 by Saurenergy The demand for power is relentless. With technological advancements, mankind is now consuming more power to aggrandize their lifestyle. Many energy experts reckon initiatives like ‘Power for All’, ‘Digital India’ and ‘Smart Cities’ shall be reigned through only increasing and distributing reliable power needs. There has been a prolong discussion on the reliability, security and […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
2.51 Lacs Renewable Energy Certificates were traded in December at Indian Energy Exchange Updated On Sat, Dec 31st, 2016 by Saurenergy Renewable Energy Certificates are aimed at providing an easier avenue for various entities to meet their green energy obligations. A total of 251,000 Renewable Energy Certificates were traded in the REC trading session held on 28th December, 2016 at Indian Energy Exchange (IEX). The purchase this month has been on account of few utilities such […] Read more
Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years Updated On Tue, Jul 26th, 2016 by Saurenergy Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […] Read more
