Policies for Renewable Energy Trading Twelve of the most notable types of policies that have promoted renewable energy worldwide are given below: 1. U.S. Public Utility Regulatory Policies Act (PURPA) of 1978 PURPA required utilities to purchase power from small renewable generators and co generators – otherwise known as independent power producers (IPPs) – through […]

Subsidy on Fossil Fuels Well it’s a very heated topic about the subsidy given by the countries for the fossil fuel. The subsidy does nothing good but only adds to the concern of the economy by rising deficit. Taking in to consideration the global economy and the environment, one way of helping the environment remain […]

Indian Renewable Energy Mandate not Met India’s much hyped market based renewable energy incentive system of “Renewable Energy Certificate” (REC) has crashed. The REC market which started in 2012 at two power exchanges had initially shown a lot of promise with increasing volumes. It had offered a market based remuneration system for renewable energy developers […]

Global Green Battles The Global Green War had started with the US imposing duties on imports of Chinese made solar panels and cells. Subsequently dumping charges were also imposed on wind energy equipment made in China as well. China has not been able to do much against these duties as it exports almost 80-90% of […]

India recently introduced the Renewable Energy Certificate Scheme to promote the use of Green Energy in India through a market based pricing mechanism. Other cleantech subsidies are being gradually reduced in favor of this single unified market process. In Wind Energy, the use of accelerated depreciation and GBI has been cancelled this year. REC Trading […]

The news report on Department of Energy informing of Abound Solar demise surprised many people and led to the usual media excitement of Obama’s faulty loans to cleantech companies. However to any solar industry follower it was an expected death and the only surprise was that it took so long. Chinese solar crystalline panel prices […]