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For electricity supply companies and obligated entities, meeting Renewable Purchase Obligations (RPO) can be a logistical challenge. The Renewable Energy Certificate (REC) mechanism acts as a market-based instrument to bridge the gap. By decoupling the green attribute from the physical electricity, RECs allow companies to support renewable generation and stay…

India is on a fast track to becoming a global solar superpower. Under the National Solar Mission, the government has set ambitious targets to revolutionize our energy mix, aiming for massive grid-connected capacity. With the National Tariff Policy mandating that state regulators fix specific percentages for solar purchase, the transition…

When compared to traditional energy sources, solar power emerges as the most viable long-term solution. While thermal energy relies on increasingly expensive coal and hydro projects face environmental hurdles, solar energy offers an abundant and non-polluting alternative. With rationalized pricing and increased yields, there has never been a better time…