India renewable energy certificate trade slows in Jan amid oversupply

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