Renewable Energy Service Company definition

Renewable Energy Service Company means an energy service company which provides renewable energy to the consumers in the form of electricity for the purposes of this Act;’;
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Renewable Energy Service Company or RESCO shall mean the Successful Bidder selected for implementation of Rooftop Solar Photovoltaic Power Projects in Selected Zones in Rajasthan under this RfS process and signs Letter of Allocation;
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Examples of Renewable Energy Service Company in a sentence

  • Under the Renewable Energy Service Company (RESCO) model instead of prosumers the RESCO will invest on behalf of one or more roof top owner in the housing colony, towns, etc., on their roof tops and will sell the power so generated to GED.

  • Any consumer who installs solar plants on his rooftop and signs a PPA, such as with a Renewable Energy Service Company (RESCO), shall provide convenient and periodic rooftop access to the RESCO as needed, to install and perform maintenance services on the solar plant for the entire term of the PPA.

  • Appropriate Commission may shall provide regulatory framework to facilitate generation and sale of electricity from renewable energy sources particularly including from roof top solar photovoltaic system by any person/entity including local authority, Panchayat Institution, user institution, cooperative society, Non-GovernmentalOrganization, franchisee or by Renewable Energy Service Company.

  • For most of the LT and HT consumer categories, a Renewable Energy Service Company (RESCo) or Opex model (in which the RESCO sells solar energy generated to the consumer or the Utility), may be the best option, as it results in attractive gains to TANGEDO and healthy gains tothe consumers without taking any financial risks.

  • Renewable Energy Service Company, popularly known as RESCO, is a third party based business model.

  • The main focus of the paper is the Renewable Energy Service Company (RESCO) program, which is based on a fee-for-service model and is the latest attempt at solar-based rural electrification in the Fiji Islands.

  • The Renewable Energy Service Company (RESCO) program is the latest attempt to promote solar- based rural electrification in the Fiji Islands, and can be understood as a response to past problems with community and government provided maintenance in Fiji.

  • SECI also helped Delhi Metro Rail Corporation (DMRC) to set up a 500 kWp system in one of the stations through a Renewable Energy Service Company (RESCO) model.

  • TEDA shall play the role of Renewable Energy Service Company (RESCO) for executing this project by raising the balance capital (40% of the project cost) from financial partners such as Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC).The solar energy generated under this scheme is proposed to be purchased by TANGEDCO on Gross generation basis through a PPA at the appropriate tariff to be approved by the Commission.

  • The Power Producer has been notified as successful bidder by NREDCAP for "Design, Manufacture, Supply, Erection, Testing and Commissioning including Warranty, Operation & Maintenance of KWp Rooftop Solar PV System for a period of 25 years in AP State under Renewable Energy Service Company (RESCO) Route and as per Technical Specification & other details as per the Tender No. NREDCAP/ OSD/ NM/ RESCO/ 2016-18, dt 01.07.2016.

Related to Renewable Energy Service Company

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Service Company means any entity employed by the Custodian or the Distributor, including the transfer agent for the Fund(s), to perform various administrative duties of either the Custodian or the Distributor. In any case where there is no Service Company, the duties assigned hereunder to the Service Company will be performed by the Distributor (if any) or by an entity that has a contract to perform management or investment advisory services for the Fund(s).

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Renewable energy project means (A) a project

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

  • Class I renewable energy means electric energy produced from

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Class II renewable energy means electric energy produced at a

  • Renewable Resources means one of the following sources of energy: solar, wind, tidal, geothermal, biomass, hydroelectric facilities or digester gas.

  • energy service provider means a natural or legal person who delivers energy services or other energy efficiency improvement measures in a final customer’s facility or premises;

  • Energy Storage Resource means a resource capable of receiving electric energy from the grid and storing it for later injection to the grid that participates in the PJM Energy, Capacity and/or Ancillary Services markets as a Market Participant.

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Renewable Energy Certificate or "REC" means a certificate

  • Renewable resource means: (a) Water; (b) wind; (c) solar

  • Solar renewable energy certificate or "SREC" means a

  • Energy Star means the U.S. EPA’s energy efficiency product labeling program.

  • Electric generation service means the provision of retail

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • Electric power train means the electrical circuit which includes the traction motor(s), and may include the REESS, the electric energy conversion system, the electronic converters, the associated wiring harness and connectors, and the coupling system for charging the REESS.