Green Markets: Playing a Pivotal Role in Renewable Energy Integration Updated On Mon, Nov 28th, 2022 by Saurenergy The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […] Read more
IEX Power Market Update For October- Prices Continue To Drop Updated On Fri, Nov 4th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […] Read more
Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar Updated On Fri, Aug 5th, 2022 by Saurenergy The news of India’s ambitious solar and renewable energy targets has thrown up the possibility of as many as one million jobs in another three years’ time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance and spread of renewable energy, especially solar. […] Read more
IEX Power Market Update July 2022: 13% YoY Decline For Green Market Updated On Thu, Aug 4th, 2022 by Saurenergy As per its market update for July 2022 released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market Updated On Thu, May 5th, 2022 by Saurenergy In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […] Read more
IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
Indian Oil, L&T, ReNew Power in JV For Green Hydrogen Updated On Mon, Apr 4th, 2022 by Saurenergy In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […] Read more
IEX update for Feb’22, solar prices at Rs 3.93/ unit In GTAM market Updated On Fri, Mar 4th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8760 MU volume in February’22 comprising 7695 MU in the conventional power market, 453 MU in the green power market and 612 MU (6.12 lac certificates) in the REC Market. Overall, the exchange achieved 29% YoY volume growth across all market segments during the month. According to the power […] Read more
