{"id":1656,"date":"2014-02-26T18:16:37","date_gmt":"2014-02-26T12:46:37","guid":{"rendered":"http:\/\/reconnectenergy.com\/blog\/?p=1656"},"modified":"2014-02-26T18:16:37","modified_gmt":"2014-02-26T12:46:37","slug":"rec-trade-report-february-2014","status":"publish","type":"post","link":"https:\/\/reconnectenergy.com\/rec-trade-report-february-2014\/","title":{"rendered":"REC Trade Report &#8211; February 2014"},"content":{"rendered":"<p style=\"text-align: justify;\">We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th February 2014. Following is a brief of the analysis:<\/p>\n<p style=\"text-align: justify;\">February 2014\u00a0was the second last trade session of Q4 for FY14. Clearing Ratios improved for both exchanges \u00a0(IEX and PXIL) and was recorded just over 8% in terms of non-solar RECs.. As per REC Registry, the market redeemed a total of 3.87 lakh RECs (up by 6 % as compared to last month).<\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"text-decoration: underline;\">Non-Solar RECs:<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\">Buy bids for non-solar credits rose <strong>by 5.5 percent<\/strong> in comparison to last month\u2019s stats. Clearing percentages at both exchanges were at parity. The total transactional value of non-solar RECs was 568 million INR, with price of each non-solar REC remaining at floor (Rs. 1500 per Non Solar REC). REC registry noted a total non-solar RECs redeemed to be around 3.78 lac.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/REC-Trade-NS.png\"><img loading=\"lazy\" class=\"aligncenter size-large wp-image-1659\" title=\"REC Trade NS\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/REC-Trade-NS-1024x362.png\" alt=\"\" width=\"1024\" height=\"362\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/02\/REC-Trade-NS-1024x362.png 1024w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/02\/REC-Trade-NS-300x106.png 300w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/02\/REC-Trade-NS-768x272.png 768w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/02\/REC-Trade-NS-1536x543.png 1536w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/02\/REC-Trade-NS.png 1782w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/MCP-NS.png\"><img loading=\"lazy\" class=\"aligncenter size-large wp-image-1660\" title=\"MCP NS\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/MCP-NS-1024x337.png\" alt=\"\" width=\"1024\" height=\"337\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"text-decoration: underline;\">Solar RECs:<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\">Demand of solar RECs jumped by an encouraging<strong>\u00a030.58 percent<\/strong> compared to January 2014 trade session. Solar RECs continued to trade at floor price (Rs. 9300 per solar REC). Evidently total solar REC transactional value was also recorded low at about 77.2 million INR. As per REC registry, \u00a08308 solar RECs were redeemed.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/REC-Trade-S.png\"><img loading=\"lazy\" class=\"aligncenter size-large wp-image-1661\" title=\"REC Trade S\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/REC-Trade-S-1024x386.png\" alt=\"\" width=\"1024\" height=\"386\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/MCP-S.png\"><img loading=\"lazy\" class=\"aligncenter size-large wp-image-1662\" title=\"MCP S\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/02\/MCP-S-1024x318.png\" alt=\"\" width=\"1024\" height=\"318\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">For a similar blogpost covering analysis on previous months trade session \u2013\u00a0<a href=\"http:\/\/reconnectenergy.com\/blog\/2014\/01\/rec-trade-report-january-2014\/\">click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th February 2014. Following is a brief of the analysis: February 2014\u00a0was the second last trade session of Q4 for FY14. Clearing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[56,66],"tags":[86,62,75,76,64,65,69,78,79,101],"_links":{"self":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/1656"}],"collection":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/comments?post=1656"}],"version-history":[{"count":0,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/1656\/revisions"}],"wp:attachment":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/media?parent=1656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/categories?post=1656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/tags?post=1656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}