By Karan Sharma India’s virtual power purchase agreement (VPPA) market has transitioned from being a mere concept to a formal regulatory mechanism over the past year. With the Central Electricity Regulatory Commission (CERC) issuing the […]
By Vaibhav Singh, Head of Strategy, and Swatilekha Dutta, Group Head – Strategy, Tata Power For many years, wind energy stood as the cornerstone of India’s renewable energy journey, enjoying early policy support, established technology […]
The New York State Energy Research and Development Authority (NYSERDA) has launched the 10th annual Renewable Energy Standard solicitation, RESRFP26-1, to accelerate clean energy deployment across New York. The solicitation, issued on April 24, 2026, […]
Graphic Packaging Holding Company has signed a virtual power agreement (VPPA) with NextEra Energy Resources for the 250 MW Selenite Springs Energy solar project in West Texas. The project is expected to begin operations by […]
The Solar Energy Corporation of India Limited (SECI) has issued an expression of interest from eligible consumers to evaluate and consolidate demand for renewable energy procurement through virtual power purchase agreements (VPPAs). The outcome of […]
CFE Calificados, a subsidiary of Federal Electricity Commission (CFE), has signed power purchase agreements (PPAs) with Copenhagen Infrastructure Partners (CIP), in partnership with Sunstone Power, for two solar-plus-storage projects in Campeche, Mexico. The projects include […]
The African Development Bank Group (AfDB) has approved a $5.65 million reimbursable grant from the Sustainable Energy Fund for Africa to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility. The initiative will use renewable […]
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 […]
Powertrust has signed an agreement with Microsoft to facilitate the deployment of 270 MW of distributed solar capacity across Mexico and Brazil over a four-year period. The arrangement involves Microsoft procuring renewable energy certificates generated […]
Boralex has entered into a renewable energy standard agreement with the New York State Energy Research and Development Authority (NYSERDA). Under this agreement, Boralex will procure Tier-1 renewable energy certificates (RECs) from its 250 MW […]
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 […]
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 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 renewable energy certificate (REC) market has failed to take off and the unsold inventory continues to pile up beyond 10 million. While there was a relative improvement in REC purchases in 2016-17, the absolute […]
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