Rec Prices Projected to Drop Significantly

07 Oct 2024 CW Team

According to a recent report, Renewable Energy Certificate (REC) prices are expected to decline by 76% by the year 2050, primarily due to an anticipated oversupply in the market. This substantial decrease is attributed to increased investments in renewable energy generation and advancements in technology, leading to greater efficiency and lower costs in production. As more renewable energy projects come online, the market will see a surge in available certificates, contributing to the downward pressure on prices.

The implications of this trend could be significant for stakeholders in the renewable energy sector, including developers, investors, and policymakers. A drop in REC prices may impact the financial viability of certain projects and could reshape the dynamics of the renewable energy market.

Furthermore, the report emphasizes the need for strategic planning and adaptation to ensure the sustainability of investments in renewable energy, as the landscape continues to evolve in response to market forces and regulatory changes. Policymakers are encouraged to consider mechanisms that can stabilize REC prices and maintain incentives for clean energy development, ensuring that the transition to a greener economy remains on track.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..