Since September 2018, India’s Non-Bank Financial Companies (NBFC) have been in a crisis after Infrastructure Leasing, and Financial Services (IL&FS) admitted to defaulting on several payments to its creditors, consequentlyContinue Reading
The renewable energy certificates (REC) mechanism is a market-based instrument to promote renewable sources of energy and development of the market in electricity. It provides an alternative voluntary route toContinue Reading
Government agencies in India are taking RPO compliance cases seriously, and we are seeing more and more compliance cases being taken up by state electricity commissions. Recently, the Bihar StateContinue Reading
Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country, which are engaged in trading of RECs and electricity. The trading ofContinue Reading
Renewable energy firms and state power distribution companies fear a funding crunch in the power sector due to the takeover of REC by Power Finance Corp (PFC), even as bothContinue Reading
In cooperation with Global Himalayan Expedition (GHE), which leverages tourism to provide clean energy and digital education access to remote communities, REC Group contributed its solar panels that now generateContinue Reading
REC Group, the number one European brand for solar photovoltaic (PV) panels in India, clocked major orders in the Rooftop RESCO segment in the month of June and July. The total ordersContinue Reading
The new REC panel is the first solar panel to combine n-type mono half-cut cells with a twin-panel design and is intended to generate power output of up to 330-wattContinue Reading
