Corporates in India have been increasingly committing to electricity consumption from renewable energy (RE) sources. COVID-19 appears to have whetted their appetite further and there are a number of mechanisms available at their disposal. These include open access, a dedicated green power exchange platform and the renewable energy certificate mechanism. Navigating through the choices, understanding their pros and cons, and ultimately determining the best suited for them can often be a complex exercise.

In this Parishad webinar, we will present key trends, challenges and opportunities in India’s corporate RE market. The updated version of CEEW-CEF’s Open Access tool will also be launched during the session. This tool allows RE developers, investors and corporate consumers to calculate the financial savings in case they shift to open access. This will be followed by a broader discussion on, and evaluation of, the merits of all the various market mechanisms available to corporates in accelerating business sustainability through RE procurement.