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 Indian Solar Electricity generating industry has mainly been funded by the auction mechanism at the federal and state level. The solar generators get their electricity dues from the distributors based on a PPA signed between them for a fixed rate for a fixed tenure. Another way for small scale projects to get funding was […]