Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
Dark Clouds Gathering Over C&I Segment, Says ICRA Updated On Fri, Jun 19th, 2020 by Saurenergy In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […] Read more
RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA Updated On Thu, Jun 11th, 2020 by Saurenergy The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […] Read more
Covid, Consumer Focus Lead to ‘Regressive’ HERC Tariff Order for 2020-21 Updated On Thu, Jun 11th, 2020 by Saurenergy In its tariff order for the year 2020-21, the order of the Haryana Electricity Regulatory Comission throws up some issues which will be watched very carefully from here on. For the solar and broader renewable energy sector of course, the most serious hit is the waiver of the state’s RPO (Renewable Purchase Obligation) backlog till […] Read more
Railways provides a 3 GW Boost for Solar targets Updated On Fri, Jun 5th, 2020 by Saurenergy The Engineering and Consultancy firm RITES Ltd, which executes key projects specifically for the Indian Railways, announced yesterday that its subsidiary Railway Energy Management Company Ltd (REMCL) has secured its largest mandate from Indian Railways for tendering, installation, supervision and managing power supply for three GW solar energy installations. These plant will be set up […] Read more
SECI Reschedules Pre-bid Meeting for 2.5 GW Solar Projects in K’taka Updated On Thu, Jun 4th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for the Request for Selection (RfS) for 2500 MW (or 2.5 GW) ISTS-connected solar photovoltaic (PV) projects in Ultra Mega Renewable Energy Power Park (UMREPP), Koppal district, Karnataka. The information has been notified by SECI stating that “with respect to the RfS for […] Read more
Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
Green Certificates Trading Mirrors Power Slowdown with 35% Drop Updated On Mon, May 25th, 2020 by Saurenergy Renewable energy certificates (REC) sales slumped by over 35 per cent to 2.37 lakh units in April. In April 2019, total sales had crossed 3.68 lakh. The figures come from the Indian Energy Exchange, the premier platform for trading in these certificates, along ith Power Exchange of India (PXIL). RECs are a significant option for […] Read more
JinkoSolar Tops in Module Shipments to India in Q1 2020 Updated On Fri, May 22nd, 2020 by Saurenergy JinkoSolar Holding, a leading solar module manufacturer, has topped in the list of solar module suppliers to India during the January-March quarter of 2020, as per the research and advisory services provider firm. According to the quarterly report of JMK Research and Analytics, in which it has ranked domestic and international module suppliers based on their shipments […] Read more
