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Indian Energy Exchange (IEX), the country's #electricity exchange, has reported growth in electricity volumes and trading activities for the #fiscalyear 2023-24, indicating a robust performance amidst evolving market dynamics. #solarenergy #renewableenergy #EnergeticaIndia

Indian Energy Exchange (IEX) achieved 11,370 MU total volume in September 2024, with REC trading rising 100 percent year-on-year. REC prices hit an all-time low at INR 110 per #certificate, providing an opportunity for obligated entities to meet Renewable Purchase Obligations affordably. Read More - https://lnkd.in/dsEFWFit #solarenergy #renewablenergy #EnergeticaIndia

#India has exempted solar and wind energy plants located in special economic zones (SEZs) or export-oriented units (EOUs) from the requirement to purchase modules and #turbines from the approved list of models and manufacturers (ALMM). This exemption applies to plants that will be commissioned by December 2030 for producing #greenhydrogen and its derivatives within the same zones. Read more at: https://ow.ly/V0l750S04jg #IBT #IBTInsights

This is the incredible news from India. Approximately 33% (147 GW) of India’s Total Installed Energy Capacity (442 GW) is coming from Renewable Sources. And for the first time in India’s history the share of coal based Energy sources has gone down below 50%. The more appeasing news is that the more than 70% of the Total New Energy Generation capacity in FY 23-24 came from Renewable Sources. This is a big stride for India and also for EV industry where EV adoption is far below expectations so far as many still think the Electricity for the Battery in EV comes from Coal based plants. #india #energy #renewables #newenergy #solar #wind #ev https://lnkd.in/dyhQY6sG

According to #governmentdata published in February 2024, the country's #energyconsumption reached 127.8 BUs, representing an 8.5 percent increase on a YoY basis. Indian Energy Exchange (IEX) #solarenergy #renewableenergy #EnergeticaIndia

Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume, in February’24, marking a 15.4 percent year-over-year increase. https://lnkd.in/dTipmRzq #IndianEnergyExchange #electricity #Electrical #powerreview #renewableenergy #Solar #Manufacturing #Eprmagazine Indian Energy Exchange (IEX)

In April ’24, IEX Records Total Volume of 9,044 MU in April ’24, Marking a 14.1% YoY Increase In April 2024, the Indian Energy Exchange, the leading electricity exchange in India, recorded a total volume of 9,044 million units (MU), marking a significant 14.1% increase compared to the previous year. The renewable energy certificates (REC) reached 618 MU, showing an impressive 211% year-on-year surge. Remarkably, the REC market hit a record low price of Rs. 204 per certificate during the trading session on April 24, 2024. This represents an 80% decline in REC prices compared to the previous year, offering obligated consumers an opportunity to fulfill their Renewable Purchase Obligations, and enabling voluntary customers to align with their […] Read the full story here: https://lnkd.in/dGF_m-KJ #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #asia #iex #india #renewableenergy #renewableenergycertificates #renewableenergy #solarenergy

Solex Energy Shares Soar on Expansion Plans and Major Order Win https://lnkd.in/d6XAuF3U #SolexEnergy #SolarEnergy #RenewableEnergy #CleanEnergy #Investing #StockMarket Solex Energy's shares have surged to a record high following the company's announcement of a $1 billion expansion plan and a significant order win from Zodiac Energy. This blog explores the implications of these developments for investors and the broader renewable energy landscape in India.

🌍⚡ Global electricity demand is surging at its fastest rate in two decades, with a 4% growth forecast for 2024. Solar power is set to meet half of this demand, pushing renewables to 35% of global electricity supply by 2025. However, coal usage remains high, especially in China and India, affecting CO2 emissions.🌱🔋 #EnergyDemand #Renewables #Sustainability

4 Days to go for the biggest conference on the future of India’s energy landscape. Tell us in the comments, which energy frontier are you most curious about– Hydrocarbons, Alternative & Renewables, or Utilities & Power Generation? Hardeep Singh Puri Rameswar Teli Ministry of Petroleum and Natural Gas Govt of India India Energy Week #Gail #IndiaEnergyWeek2024 #EnergizingPossibilities #Road2Decarbonization #IEW2024 #FIPI #EnergyTransition #Growth #Collaboration #NetZero #IndiaEnergyWeek2024 #Oilandgas #Energy #Decarbonisation #LowCarbon #RoadToNetZero #Cleanenergy #Sustainability #Futureofenergy #Oil #Gas #LNG #Networking #Hydrogen #AlternativeFuels #Renewables #MoPNG #FIPI #EnergyTransition #India