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renewable energy source

CREDA Revises 20 MW Rooftop Solar Tender Schedule for Chhattisgarh

State nodal agency Chhattisgarh State Renewable Energy Development Agency (CREDA) has revised the schedule for its 20 MWp tender for grid-connected rooftop solar photovoltaic (PV) systems under the Resco model. The move came in the wake of novel coronavirus (Covid-19) restrictions and precautionary measures and requests from bidders. As per the revised schedule, interested bidders […]

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Green Certificates Trading Mirrors Power Slowdown with 35% Drop

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 […]

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Validity of Solar Project Tariffs Extended Until Sept 30 in Uttarakhand

UERC has extended the validity for the benchmark capital cost and levelised generic tariff for solar power projects in Uttarakhand until September 30, 2020. The Uttarakhand Electricity Regulatory Commission (UERC) has published a new order extending the validity period for the benchmark capital cost and levelised generic tariff for solar power projects in the state […]

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CERC Issues Draft Regulations for Determination of RE Tariff

CERC has released the draft of its 2020 regulations for tariff determination from renewable energy (RE) sources, with comments invited until May 28, 2020. The Central Electricity Regulatory Commission (CERC) has released the draft of its 2020 regulations for the “Terms and Conditions for Tariff determination from Renewable Energy Sources.” The national power sector regulator has […]

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CERC Extends Validity of RECs till October 31, 2020

Power sector regulator CERC has ordered the extension of validity of Renewable Energy Certificates (RECs) till October 31, 2020. The Central Electricity Regulatory Commission (CERC) in its order stated that the validity of RECs which expired or are likely to expire between April 01, 2020, and September 30, 2020, is extended up to October 31, […]

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Europe saw EUR 19 bn of new Wind Farm Investments Confirmed in 2019

Europe saw EUR 19 billion of new wind farm investments confirmed in 2019, off which EUR 13 billion went towards onshore wind energy projects. According to a new report, Europe saw EUR 19 billion of new wind farm investments confirmed in 2019. A further EUR 33 billion was invested in the refinancing of wind farms, […]

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Mississippi Commission Gives Approval for 100 MW/ 1000 Acre Solar Farm

The Mississippi Delta will soon be home to the largest utility-owned solar farm in the state, after receiving approval from the Mississippi Public Service Commission. The Mississippi Delta will soon be home to the largest utility-owned solar farm in the state, after receiving approval from the Mississippi Public Service Commission. Recurrent Energy, a solar facility […]

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Sale of Green Certificates Surges 79% by 8.38 Lakh Units in March

The sale of renewable energy certificates (RECs) increased more than 79 percent to 8.38 lakh units during March 2020 mainly on account of good supply. During the month of March in 2019, 4.68 lakh units of renewable energy certificates were sold, as per the official data. RECs are market-based instruments, and a REC is created […]

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Sungrow Inks Pact with XBSolar to Boost Inverter Supply in Vietnam

Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has entered into an inverter supply pact with XBSolar, a Vietnamese clean energy company. As per the deal, the China-based company will supply 40 MW of its commercial and industrial (C&I) and residential inverter solutions to Vietnam within a year. Further, […]

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