Renewable Energy Trading at IEX Dipped to 365 MU in December 2021

Renewable Energy Trading at IEX Dipped to 365 MU in December 2021

The Indian Energy Exchange (IEX) traded 365 million units (MU) of renewable energy in December 2021, a 20.13% month-over-month (MoM) decline compared to 457 MU in November. However, the fourth quarter of ...
/ / Other, Renewable Energy
ReNew Energy Receives License for Inter-State Electricity Trading Across India

ReNew Energy Receives License for Inter-State Electricity Trading Across India

The Central Electricity Regulatory Commission (CERC) has granted an inter-state trading license to ReNew Energy Markets to trade power across India. Background ReNew Energy Markets, a ReNew Power group company, ...
/ / Grid, Market & Policy
APTEL Strikes Down CERC's Order Removing Floor Prices of Solar and Non-Solar RECs

APTEL Strikes Down CERC’s Order Removing Floor Prices of Solar and Non-Solar RECs

The Appellate Tribunal for Electricity (APTEL) has set aside the order passed by the Central Electricity Regulatory Commission (CERC) revising the floor and forbearance prices of solar and non-solar renewable ...
/ / Other, Renewable Energy
CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

The Central Electricity Regulatory Commission (CERC), in a recent order, approved the introduction of the Green Day Ahead Contract (GDAC) at the Indian Energy Exchange (IEX) and the Power Exchange ...
/ / Markets & Policy, Solar
Renewable Energy Certificates To Be Valid Until Sold - Power Ministry

Renewable Energy Certificates to be Valid Until Sold – Power Ministry

The Union Minister of Power R K Singh has approved amendments to the renewable energy certificate (REC) mechanism. According to the new amendments, the REC will remain valid until it ...
/ / Grid, Market & Policy
147 MU of Solar Traded at an Average Price of ₹3.56kWh at IEX in August 2021 (1)

147 MU of Solar Traded at an Average Price of ₹3.56/kWh at IEX in August 2021

The Indian Energy Exchange (IEX) traded 413 million units (MU) of renewable energy in August 2021, a 43% month-over-month (MoM) decline compared to 726 MU in the previous month. However, ...
/ / Markets & Policy, Solar
A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

The Indian Energy Exchange (IEX) traded an all-time high volume of 726 MU of renewable energy in July 2021, a 76% month-over-month (MoM) increase compared to 412 MU in the ...
/ / Other, Renewable Energy
IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

The Indian Energy Exchange (IEX) traded 412 MU of green energy in June 2021 due to the ongoing wind season. This is a 15% increase compared to 357 MU traded in May ...
IEX

Indian Energy Exchange’s Revenues Up by 20% YoY in FY 2021

The Indian Energy Exchange's (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ₹3.56 billion (~$48.48 million) compared to ₹2.97 billion (~$40.45 million) in ...
IEX's Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

IEX’s Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

Driven by an increasing electricity demand across Indian states, the electricity market at the Indian Energy Exchange (IEX) witnessed an all-time high volume of 8,249 million units (MU) in March ...
/ / Grid, Market & Policy
IEX Launches Daily and Weekly Contracts on its Green Term-Ahead Trading Platform

IEX Launches Daily and Weekly Contracts on its Green Term-Ahead Trading Platform

The Indian Energy Exchange Limited (IEX) said it launched green daily and green weekly contracts on its green market trading platform. The contracts will be available for both solar and ...
Obligated Entities Still Waiting for Renewable Energy Certificates Trading to Resume

Obligated Entities Still Waiting for Renewable Energy Certificates Trading to Resume

Power exchanges have not yet resumed trading renewable energy certificates (REC) as they await the final order from the Appellate Tribunal for Electricity (APTEL), allowing resumption. REC trading has now ...
Zinc Battery Manufacturer Eos Energy Storage Lists on Nasdaq

Zinc Battery Manufacturer Eos Energy Storage Lists on Nasdaq

Eos Energy Storage, a United States-based zinc-battery storage system manufacturer, has gone public on the Nasdaq Capital Market in a rare battery energy storage listing. The company announced that it ...
REC Trading Expected to Resume from November 25th (1)

REC Trading Expected to Resume from November 25th

Power exchanges may resume trading renewable energy certificates (REC) on November 25, 2020, after a four-month halt following a stay order by the Appellate Tribunal for Electricity (APTEL) back in ...
Solar Inverter Supplier GoodWe Launches IPO, Lists on Shanghai Stock Exchange

Solar Inverter Supplier GoodWe Launches IPO, Lists on Shanghai Stock Exchange

Solar inverter manufacturer GoodWe announced the initial public offering (IPO) of its common stock on the Shanghai Stock Market, making it a listed public company. According to the press release, ...
/ / Inverters & BOS, Solar
Green Term-Ahead Market Trades Three Million Units in August 2020

Green Term-Ahead Market Trades Three Million Units in August 2020

The Indian Energy Exchange (IEX) has released the highlights of electricity trading on the platform during August 2020. The trading in the Green Term-Ahead Market (GTAM) commenced on August 21, ...
/ / Markets & Policy, Solar
Trading of Renewable Energy Certificates Stands Postponed by Four Weeks

Trading of Renewable Energy Certificates Stands Postponed by Four Weeks

The Appellate Tribunal for Electricity (APTEL) has issued an order postponing the trading of renewable energy certificates (RECs) scheduled for July 29 by four weeks. If the validity of any ...
IEX’s New Real-Time Power Market Sees Over 515 Million Units of Trading Volume in July

IEX’s New Real-Time Power Market Sees Over 515 Million Units of Trading Volume in June

The Indian Energy Exchange (IEX) announced that its new real-time electricity trading platform had enabled a trading volume of 515.46 million units (MUs) of power in June 2020, its first ...
AAI’s New Tender Seeks Engineering Consultancy for a 5 MW Solar Project at Calicut Airport

Solar REC Trading Soars in February 2020

There was a significant increase in the trade volume of both solar and non-solar renewable energy certificates (RECs) in February. A cumulative sum of 1,299,737 solar RECs was traded on ...
Indian Solar Industry – Cautiously Optimistic

Solar REC Trading Volume Improved in December 2019

In December 2019’s renewable energy certificate (REC) trading session, there was a significant increase in the number of solar RECs that were traded when compared with the previous month of ...
/ / Other, Renewable Energy
Traded Volumes of Solar RECs Witness 45% Decline in November 2019

Traded Volumes of Solar RECs Witness 45% Decline in November 2019

In the November 2019 renewable energy certificate (REC) trading session, there was a significant decrease in the number of solar and non-solar RECs that were traded when compared with the ...
/ / Markets & Policy, Solar
October’s Solar REC Trading Sees Record High Price of ₹2,400

October’s Solar REC Trading Sees Record High Price of ₹2,400

In October’s renewable energy certificate (REC) trading session, there was an increase in the number of solar and non-solar RECs that were traded compared with the trading activity recorded in ...
/ / Markets & Policy, Solar
Solar REC Price Spikes to a Record ₹2,250 in September 2019

Solar REC Price Spikes to a Record ₹2,250 in September 2019

In September’s renewable energy certificate (REC) trading session, there was an increase in the number of solar and non-solar RECs that were traded when compared to trading activity in August ...
/ / Markets & Policy, Solar
Solar Renewable Energy Certificate Trading Reduces by Half in August 2019

Solar Renewable Energy Certificate Trading Reduces by Half in August 2019

In the August 2019 renewable energy certificate (REC) trading session, there was a significant fall in the number of solar and non-solar RECs that were traded compared to July. A ...
/ / Markets & Policy, Solar
CERC Grants Electricity Trading License to NTPC to Expedite Solar and Wind Projects

CERC to Grant Electricity Trading License to NTPC to Expedite Solar and Wind Projects

The Central Electricity Regulatory Commission (CERC) has proposed to grant the National Thermal Power Corporation (NTPC) electricity trading license in India. The license is to be granted to help the ...