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IEX update for Feb’22, solar prices at Rs 3.93/ unit In GTAM market

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 […]

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IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market

The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […]

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Offshore Wind is Expanding to new Markets as Prices Decline: Report

According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […]

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Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie

Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […]

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As Chinese Wind Turbine Makers Call Truce On Price Wars, Could Solar Follow?

In a clear indication of the extraordinary efforts being made in China to stem the losses or low profitability in its renewable energy manufacturing sectors, a conference on Wind Energy in Beijing saw 12 of the country’s leading wind turbine firms sign a truce. Four of the world’s top 5 wind turbine makers are Chinese, […]

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Waaree Energies Announces Price Band For Its IPO

Indian solar module manufacturer Waaree Energies has announced the price band for its upcoming Initial Public Offering (IPO) during a press conference in Mumbai. The price range has been set between Rs 1,427 and Rs 1,503 per equity share. The company will offer a minimum lot of nine equity shares, with additional shares available in […]

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Off Grid Solar Market- 5 Key Takeaways From 2024 Trends Report

GOGLA and the Energy Sector Management Assistance Program (ESMAP) of the World Bank have released the 2024 report on Solar Market Trends for Off Grid Solar (OGS). Released every two years, this 7th edition in the series covers 2022 and 2023. The latest Off-Grid Solar Market Trends Report (MTR) 2024, warns that a 6-fold increase […]

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