Non-Solar REC

REC Mechanism Sees Low Issuance

July saw significant new capacity getting registered. Registered projects capacity increased from 406 MW last month to 623 MW. However, our analysis found that very little of that is seeing issuance as of now. Approximately 30,000 RECs were issued this month translating to only 42 MW equivalent capacity (using standard Read more…

By VP, ago
Non-Solar REC

REC Trading Update – July 2011

REC Trading has been picking up gradually. Both the volumes traded and the price showed some improvement over the last month – approximately 18,500 Non-solar RECs were traded this month, as compared to 16,000 in June. Price also showed marginal improvement, increasing to Rs 1,555 and 1,550 (IEX and PXIL) Read more…

By VP, ago