India’s First Dual Scale Renewable Energy Program Under UNFCCC

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The Welspun Renewable Energy Program run by Welspun Energy has been registered with the United Nations Framework Convention on Climate Change (UNFCCC) as a Clean Development Mechanism Program-me of Activities (CDMPoA) with effect from November 19, 2012. This will allow the addition of an unlimited number of solar and wind energy projects from India over the PoA lifetime of 28 years. Welspun’s registered PoA includes a 25 […]

REC

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The first REC trading session of 2nd  Quarter of 2013-14 concluded on 31st of July 2013, has witnessed an ascending trend in the buyer’s participation for both Solar and Non-Solar  REC Market. The ongoing hearing at APTEL  where the petition for Non-Compliance of RPO has been filed by both the Wind and the Hydro Association of […]

1759 MW Commissioned Under National Solar Mission

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Over 1759.43 megawatts (MW) of grid connected solar power projects have been commissioned in the country as on 31 May 2013, under the Jawaharlal Nehru National Solar Mission (JNNSM). The JNNSM programme is the ministry of new and renewable energy’s three-phase approach to encourage the adoption of solar power in India, and is being done in different batches under […]

APERC order on APPPC FY13

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The state of Andhra Pradesh has finally got its awaited “average pooled power purchase cost” in an order dated 29.06.2013 released by Hon’ble APERC. as Rs. 2.69 per unit. Although, the same is for FY 2012-13. Before determining the final APPPC cost for the state, Hon’ble APERC had a provisional rate in place which was […]

Lower tariff for solar power-Gujarat

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Gujarat, home to half of India’s solar power-plant capacity, is seeking to have a cut on the rate it pays to solar project developers, keeping in view the owners’ excessive and unwanted profits in the current scenario. The state government has approached the Gujarat Electricity Regulatory Commission (GERC) with a petition, seeking a reduction in the […]

Expecting a Successful Future in RE Sector:US Exim Bank

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The US Export-Import Bank, also known as Exim Bank, may work closely with various states in India for financing renewable energy projects. Recently, many states have shown great interest in the segment prompting the US Exim Bank to work at both state and national levels, Fred Hochberg, chairman and president of the bank, was quoted […]