June

20% Of Global Power On Summer Solstice Came From Solar: Report

Energy think-tank Ember estimates that today, across the midday peaks on the summer solstice – 20% of the world’s electricity will come from solar, up from 16% last year.  “At 20% share, solar is now a serious global electricity source,” said Kostantsa Rangelova, electricity analyst at Ember. “ Battery costs have collapsed, meaning solar power […]

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Thermal Energy Accounted For 76% Of India’s Electricity Generation

The latest renewable energy generation report from the Central Electricity Authority (CEA) for June claimed that renewable energy generation improved in the month.  The data claimed that by the end of June 30, India had a total installed capacity of 176,242 MW (including large hydro). In contrast, the total energy generation from renewable sources during the month […]

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India Adds 2.8 GW Of New Renewable Power In June: CEA Report

The latest report by the Central Electricity Authority (CEA) said that India added a total of 2,873 Megawatt (MW) of new renewable energy capacities in the month of June, this year. This is against the addition of 1076 MW of renewable power capacities added to the energy mix in May this year. These additions were […]

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Inox Wind Drops More Than Rs 160 Crore in Income in June Quarter

Inox Wind had reported that its total income during the June quarter was Rs 101.90 crore, dropping more than Rs 160 crore YoY from Rs 264.53 crore. Indian wind energy service firm and manufacturer Inox Wind had reported on its financial results for the quarter ended June 30, 2020. The firm had revealed that its […]

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IEX Market Sees 5 Percent Growth to Reach 4790 MUs in June

The electricity market at the IEX witnessed a total trade of 4,790 MUs in June, recording a 5 percent year-on-year increase The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units (MUs) in June, recording a 5 percent year-on-year increase despite the national peak demand registering a 10 percent decline during the month. Increased economic […]

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Average Power Price in RTM Lowers to Rs 2.22 per Unit in June

The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […]

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Power Demand Drop Expands to 19.7% in June First Week

A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May to 19.7 percent in June. A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May […]

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Spot Power Prices Drop 11% in June to Rs 3.32/unit

Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […]

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Renewable Certificates Sales Down 22% in June

Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […]

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