December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit Updated On Mon, Jan 6th, 2025 by Saurenergy Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […] Read more
China’s Polysilicon Leaders Announce Production Cuts To Arrest Low Prices Updated On Thu, Dec 26th, 2024 by Saurenergy Tongwei Group and Daqo New Energy, two of the world’s largest, and China’s largest producers of solar grade polysilicon materials, have announced a cutback on production of high-purity polysilicon amid falling prices and financial losses. The firms ended H1 of 2024 with significant losses from their operations, and in likelihood, H2 has been no better. […] Read more
Falling Module Prices Trigger 13% Drop In EU Solar Investments: Report Updated On Wed, Dec 18th, 2024 by Saurenergy SolarPower Europe’s latest report highlights the addition of 65.5 GW of solar capacity in the region. Despite a yearly growth of 4.4%, this year’s growth marks the lowest market growth since 2017. However, the slowdown was anticipated following the exceptional surge in 2022 and 2023. The growth during that period was largely driven by soaring […] Read more
Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more
All Eyes On China PV Agreement To Control Supply, Prices Updated On Mon, Dec 9th, 2024 by Saurenergy Read more
5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy Read more
5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy For the lay reader, it has been a mystery how despite headline news of renewable bids being awarded at figures like Rs 2.50/kW to Rs 3.00, their final power bill seems to be on an inexorable climb upwards. This is despite the fact the RE power itself was priced at a huge premium as recently […] Read more
November Power Trading- Electricity Prices Drop17% YoY Updated On Wed, Dec 4th, 2024 by Saurenergy Indian Energy Exchange, India’s largest electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase. During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […] Read more
Green Stocks Dec 02: Suzlon & Inox Stock Prices Increase Updated On Mon, Dec 2nd, 2024 by Saurenergy On the maiden working day of the week, most of the green stocks witnessed increased pricing. However, the winners remained the two wind manufacturing comapanies-Suzlon Energy and Inox Wind. While Suzlon witnessed a rise in its stock price by 4.99%, Inox Wind saw a rise of its stock price by 4.69%. The stocks of Adani […] Read more
