REC Records Highest-Ever Annual Profit
Power financier’s net profit surges 27% as clean energy focus pays off REC Limited has announced its financial results for the fiscal year ending March …
REC
REC Group announces the launch of REC TwinPeak 4 Series
REC Group has announced the launch of the REC TwinPeak 4 Series, the fourth generation of its premium solar panels for residential and commercial rooftop …
LoUs could be used as bank guarantees in renewable tenders
In a major relief to the renewable energy sector amid Covid times, the Centre has exempted project developers from making earnest money deposits (EMD) to …
APTEL postpones renewable energy certificates trading by four weeks
The Appellate Tribunal for Electricity (APTEL) has postponed the trading of renewable energy certificates (REC) scheduled on July 29, by four weeks. In an order …
Renewable energy certificates sales down over 55 per cent in May
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 …
SC declines to entertain GEA appeal on stopping REC price revision
The Supreme Court has declined to entertain Green Energy Association (GEA) appeal on stopping Renewable Energy Certificates (REC) price revision by Central Electricity Regulatory Commission …
AAI urges price correction in REC to avoid burden on industry
The Aluminium Association of India (AAI) has urged the Central Electricity Regulatory Commission to immediately look into the skewed market of Renewable Energy Certificates (REC) …
Tug of war between REC group and Hanwa Q cells on patent continues
Last year in March Chinese firm Hanwa Q Cells filed a patent infringement complaint with the Federal Court of Australia against REC Solar Pte. Ltd. …
Sales of renewable energy certificates up over 79 per cent in March
Sales of renewable energy certificates(REC) rose over 79 per cent to 8.38 lakh units in March compared to 4.68 lakh in the same month a …
Coronavirus Crisis: REC contributes 150 CR to PM CARES Fund
Rurual electrification corporation (REC) pledged Rs 150 crore under PM CARES fund to fight against COVID-19. “REC Limited… has pledged to donate Rs 150 crore …