The Central Electricity Regulatory Commission (CERC) has notified the CERC (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) (First Amendment) Regulations, 2026. The amendment expands the scope of the renewable energy certificate […]
In a push to accelerate India’s decarbonisation goals and increase renewables consumption, the Ministry of Power (MoP), in consultation with the Bureau of Energy Efficiency (BEE), issued a draft renewable consumption obligation (RCO) notification in […]
India’s power sector has witnessed several policy developments in recent years, driven by the need to modernise electricity markets, scale up renewable energy integration and align the energy system with the country’s climate goals. By […]
By Priyanka Kwatra Virtual power purchase agreements (VPPAs) are an important tool for accelerating renewable energy adoption, driving the decarbonisation of commercial and industrial operations, and supporting organisations in achieving their renewable energy goals. They […]
The Multi Commodity Exchange of India Limited (MCX) has announced the launch of electricity derivatives, following approval from the Securities and Exchange Board of India (SEBI). This initiative has been supported by both SEBI and […]
The Central Electricity Regulatory Commission (CERC) has released draft guidelines for virtual power purchase agreements (VPPAs). The VPPAs are intended as a mechanism to help designated consumers meet their renewable consumption obligation (RCO) targets. Under […]
By Deepesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Limited Renewable energy has moved from being an alternative power source to a central pillar of global energy infrastructure. With ambitious targets for carbon […]
Cogeneration (or combined heat and power [CHP]) systems provide steam and power to industrial and other plants throughout the world. Very high efficiency levels, in the range of 75-90 per cent, can be reached, as […]
Indonesian State-Owned Enterprise subsidiary Pertamina New & Renewable Energy (Pertamina NRE) has inked a share subscription agreement with Citicore Renewable Energy Corporation (CREC). Pertamina New & Renewable Energy will acquire a 20 per cent stake […]
By Debabrata Ghosh, Head of India, and Ashutosh Padelkar, Research Lead, Aurora Energy Research In 2024, the renewable energy platform, BlueLeaf Energy, announced that it had reached financial closure for its 200 MW Pachora wind-solar […]
Ciiticore Renewable Energy Corporation (CREC) has inked a supply and services agreement with Sungrow for the development of its Battery Energy Storage Systems (BESS). As a part of this agreement, CREC will procure 1.5 GWh […]
By Preeti Wadhwa India has made remarkable progress in advancing its renewable energy sector through policy and regulatory announcements across the renewable energy and energy storage segments over the past one year. The key developments […]
The Central Electricity Regulatory Commission (CERC) has notified the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2024. These regulations seek to ensure, through a commercial mechanism, that grid users do not deviate from and […]
In response to a petition submitted by the Solar Energy Corporation of India (SECI), the Central Electricity Regulatory Commission (CERC) has granted approval for a tariff of Rs 2.9 per kWh and Rs 2.95 per […]
Renewable energy forecasting is the short-term prediction of generation from renewable power plants, generally on week-ahead, day-ahead, or intraday timescales. With the increasing penetration of renewable energy sources into the electricity grid, accurate forecasting of […]
In response to a petition submitted by the Solar Energy Corporation of India (SECI), the Central Electricity Regulatory Commission (CERC) has granted approval for a tariff of Rs 2.6 per kWh, inclusive of Re 0.07 […]
The Central Electricity Regulatory Commission (CERC) has granted approval to a request from ReNew Sun Waves (RSWPL) for compensation, both pre and post the commercial operation date, aimed at mitigating the financial repercussions of safeguard […]
The Central Electricity Regulatory Commission (CERC) has given its approval for a levelised tariff of Rs 6.99 per unit for NLC India Limited’s 20 MW solar power facility, which includes a battery energy storage system […]
The Central Electricity Regulatory Commission (CERC) has granted permission to modify renewable energy certificate (REC) agreements, resulting in alterations to the trading dynamics at both the Indian Energy Exchange and Power Exchange India Limited. This […]
The Central Electricity Regulatory Commission (CERC) has granted approval to a tariff of Rs 3.26 per kWh for a grid-connected 15 MW floating solar project, connected with inter-state transmission system of Bhakra Beas Management Board (BBMB). […]
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