Tamil Nadu has been at the forefront of green energy generation in India, with almost half of the country’s wind energy capacity. The state has also taken a lead in solar energy generation, by planning for 1 GW of solar capacity to be built during each of the next 3 years. The state’s transmission network […]

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 […]

Solar Energy continued to dominate clean energy investment in the 3rd quarter of 2012 with more than double the money being invested in solar energy plants compared to wind power farms. The total green investment could fall for the first time in 8 years according to BNEF as investment has declined sharply in major wind […]

Nuclear Energy As the whole world is fixated on the debate about on using and not using nuclear power for energy generation, the anti-nuclear protestors have got a new powerful argument about nuclear energy being not economically feasible. General Electric which is among the world’s top 3 suppliers of nuclear energy equipment along with Toshiba […]

Renewable Energy Certificate Renewable Energy Certificate prices in India are showing massive volatility with prices going down by almost 20% in one month as supply exceeded demand. Note the REC market in India is relatively young and is traded on just 2 exchanges. The frequency is just once a month as volumes remain low with […]

China Solar and Wind China’s renewable (solar & wind) manufacturing industry has generated a massive global oversupplying leading to a price crash in solar panels and wind turbines. This had made these two primary forms of green energy seeing increasing adoption globally as prices reach grid parity. However despite this glut of Chinese green manufacturing, […]