RECs

IEX May Highlights- Lower Prices, Record Volumes

Indian Energy Exchange (IEX), India’s largest electricity exchange, achieved monthly electricity traded volume of 10,946 MU in May ’25, marking a 14% increase on year-on-year basis. A total of 17.43 lakh Renewable Energy Certificates were traded during the month, marking a 65% year on year increase. PRICE DROPS In a month that was marked by […]

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IEX April Update-Summer Onset Sees Traded Prices Inch Up

Indian Energy Exchange has released its April update. The exchange achieved monthly electricity traded volume of 10,584 MU in April ’25, marking a 26% increase on year-on-year basis. A total of 2.90 lakh Renewable Energy Certificates were traded during the month. According to government data published in April ’25, the country’s energy consumption reached 147.5 […]

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IEX Results- PAT Up 22% In FY25, Traded Electricity Volume Rises 19%

The Indian Energy Exchange (IEX) has announced its Q4 results and full year numbers for FY25. India’s largest  power exchange reported an 18.7% rise in electricity traded volumes, that powered a 19.3% rise in consolidated revenues and 22.3% rise in net profits as well. Consolidated Revenue in FY’25 increased to Rs 657.4 Cr from Rs […]

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Average DAM Price At Rs 4.38/Unit, Down 11% YoY: IEX

Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 9,622 MU in February ’25, marking a 9% increase year-on-year. A total of 16.37 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 167% year on year increase. According to a government data published in February ’25, the country’s energy consumption reached […]

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January Power Market- DAM Prices Drift Lower, Green Volumes Up 218% YoY

Indian Energy Exchange, India’s premier electricity exchange, achieved monthly electricity traded volume of 10,910 MU in January’25, marking a 16% increase on year-on-year basis. IEX recorded highest ever monthly trade of RECs in January ’25.  A total of 38.03 lakh Renewable Energy Certificates were traded during the month, marking a 150% year on year increase. […]

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SaurEnergy Explains: A Guide to Green Power Trading

The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […]

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IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump

Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […]

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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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First Floating Solar Project of Duke Energy Kicks Off in Florida

The first floating solar project in Florida by clean energy firm Duke Energy is now operational and producing  renewable energy.  The floating solar project of close to 1 MW boasts over 1,800 solar panels floating atop two acres of water surface on a cooling pond at the Duke Energy Hines Energy Complex located in Bartow. […]

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