Gurugram, 17th May, 2023: The Board of Directors of REC Limited, today approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2023. Operational and Financial Highlights – 12M […]
REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited has requested proposals from technical consultants to provide project management consultation services for the installation of solar photovoltaic plants across India for […]
According to the Pareto principle, 80 per cent of consequences come from 20 per cent of causes. In line with this principle, only a few policies/regulations have led to major changes in an industry. The […]
The Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022 have been notified on May 9, 2022. The price of Certificates shall be as discovered in the […]
The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compound annual growth rate over the last few […]
Renewable energy certificates (RECs) are important market-based instruments, promoting the sale and growth of renewable energy by helping obligated entities such as discoms, captive consumers and open access consumers in meeting their renewable purchase obligations […]
The Standing Committee on Energy (2021-2022) has released its 21st report, titled “Financial Constraints in Renewable Energy Sector”. The report was presented to the Lok Sabha on February 3, 2022 and was laid in the […]
Until August 2020, exchange-based power markets could only procure renewable energy through renewable energy certificates (RECs). Entities on the demand side were procuring renewable energy through either long-term contracts or short-term RECs to fulfil their […]
Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), has announced the acquisition of a 100 per cent stake of REC Solar Holdings from China National Bluestar. The enterprise value […]
The government had put in place renewable purchase obligations (RPOs) in a bid to promote the uptake of renewables. The biggest challenge in getting states to purchase renewable energy has been the lack of parity […]
The REC Group has launched its new N-Peak solar panel, which promises high performance levels. The new N-peak solar panel is the first solar panel to combine n-type mono half-cut cells with a twin-panel design. […]
Given India’s renewable energy targets and Intended Nationally Determined Contributions, the country’s green investments could reach $2.5 trillion by 2030. Traditionally, capital for energy projects has been raised either through equity financing (via private equity) […]
India has significantly transformed its energy policy, with renewable energy emerging as the dominant source of capacity addition. The country’s renewable energy capacity now stands at a little over 57 GW. About 37 per cent […]
The Central Electricity Regulatory Commission (CERC) is in the process of determining new forbearance and floor prices for renewable energy certificates (RECs), which will come into effect from April 1, 2017. The control period for […]
Singapore-based PV manufacturer REC has launched the latest version of its TwinPeak solar module. The 60-cell multicrystalline TwinPeak 2 module can deliver up to 295 Wp of output and employs a larger-size wafer (156.75 mm). […]
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