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Green certificate sales down 55 per cent to 3.33 lakh in May

NEW DELHI: Sales of renewable energy certificates dropped over 55 per cent to 3.33 lakh units in May compared to 7.5 lakh in the same month a year ago, according to official data. Renewable energy certificate (REC) is a type of market-based instrument. One REC is created when one megawatt hour of electricity is generated […]

Developing a Long-Term Vision For Implementing “One Sun One World One Grid”

China to stop subsidy for offshore renewables, eyes 2021 start for green quota trading

The move comes as China, whose renewable power installations make up about 41 per cent of total energy capacity, aims to cut a backlog of subsidy payments exceeding 100 billion yuan ($14.5 billion) and achieve “grid price parity” BEIJING : China will halt subsidies for new offshore wind power and concentrated solar power (CSP) projects and adopt a green certificate […]

Developing a Long-Term Vision For Implementing “One Sun One World One Grid”

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