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IEX December Market Update- Green Market Slide Continues with 60% Drop

Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […]

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IEX Power Market Update for November 2023

Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […]

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Tight Power Markets Drive Up Volumes 21% YoY On IEX

Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis.  IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […]

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Large RE Market A Boon For India: Anadi Iyer, India Director, Fraunhofer

How is Fraunhofer’s helping the renewable energy sector in India? Fraunhofer works around science and engineering, whether it is renewable energy, production technologies, material science, smart cities, smart manufacturing, and artificial intelligence, etc. We can make solar cell battery storage systems of high quality. We are also working on several technologies simultaneously, like thins cells. […]

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The Unicorn In Solar Market : Zetwerk’s Story

Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […]

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The market’s evolution should not solely rely on subsidies: Manish Chugh, Co-founder & Director of Aponyx Electric Vehicles

Aponyx, an electric vehicle manufacturer, was founded in 2017 at IME Manesar, Gurugram, Haryana. The founders focused on  embracing the opportunity to demonstrate innovations in the electronics and electrical sectors. As technology advanced and various electrical appliances were introduced to the market, the company manufactured and serviced various electronic equipment and appliances including all reputed […]

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Solar Canals Deliver On Promise, Yet Fail To Find Market

By-Ravleen Kaur A streak of blue cuts across the yellow landscape as one takes a turn while travelling through the Mehsana district of Gujarat. The dry smell of dust alerts one about the arid zone ahead and the heat is an indication of impending summers in this terrain. Soon, the blue line turns grey with […]

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Despite A Volatile Market, Wind Energy Blows Strong

It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade.   Global Trends  2023: Big Start, Bigger Finish The wind sector is back […]

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