India renewable energy certificate trade slows in Jan amid oversupply
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Demand for Indian international renewable energy certificates, or I-RECs, has been weaker than expected in January in an oversupplied market, despite expectations of a pickup over January-March as companies initiate their carbon emission auditing for the 2023-24 financial year ending March, several trade sources said. Platts, part of S&P Global Commodity Insights, assessed India hydropower I-RECs down 7.9% month on…Demand for Indian international renewable energy certificates, or I-RECs, has been weaker than expected in January in an oversupplied market, despite expectations of a pickup over January-March as companies initiate their carbon emission auditing for the 2023-24 financial year ending March, several trade sources said. Platts, part of S&P Global Commodity Insights, assessed India hydropower I-RECs down 7.9% month on… Read More