PRICING OF USD 650 MILLION 3.375% FIXED RATE SENIOR UNSECURED DOLLAR NOTES OF 5-YEAR TENOR REC Limited has successfully raised USD 650 million (INR 4,450 crore), 5-year bond from REG S Bonds under the established Global Medium Term Programme of USD 5 billion. Proceeds of the bond will be used to finance power projects in […]
REC trade result – June 2019
The June trade session saw an upward trend in both solar & non-solar. However, demand continued to exceed supply both in the case of solar & non-solar. Non-Solar: This session the RECs were traded at the price of INR 1555 at PXIL (55% above the floor price) and INR 1600 at IEX (60% above the floor price). […]
Hanwha Q Cells Trade Complaint Could Further Tighten US Solar Supply
Patent-infringement allegations against rival manufacturers may be overshadowed by other issues in the fast-moving U.S. solar market, but the implications are potentially serious, analysts warn. Distracted by the federal Investment Tax Credit stepdown and a Section 201 hangover, the U.S. solar industry may be underestimating the implications of a legal complaint Hanwha Q Cells filed […]
