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IEX Energy Exchange July Update- Traded Volumes Up 56% YoY

Indian Energy Exchange (IEX) achieved the highest ever total volume (including certificates) of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY for IEX in July. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 […]

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SPECIAL REPORT: UP’s Time To Shine In Solar

At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […]

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Saudi Arabia To The Rescue For Chinese Renewable Majors

Hit by domestic overcapacity and sanctions in the US and other key markets, China’s leading green energy firms are looking to the Middle East to fill the holes. As the world’s largest solar and wind market, with the manufacturing capacity to boot, Chinese firms have been well established as global suppliers across every major market, […]

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What The Green Industries Said About Budget 2024?

Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […]

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Green Stocks July 22: After Rise In Q1 Profits, Shakti Pumps Stock Price Grows 5%

A day ahead of the Union 2024 Budget, the green energy company witnessed gains in the stock market, with Shakti Pumps taking the lead with 5% gains, followed by Inox Wind Energy, SJVN, and Sterling and Wilson Renewable those stock prices grew by 3.72%, 2.24% and 2.78% respectively. This comes days after Shakti Pumps reported […]

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What The Renewable Industry Expects From Union Budget? 

Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […]

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Solar Minigrids In UP Set To Expand, Opine Experts 

Leading solar energy companies from Uttar Pradesh claimed that distributed renewable energy (DRE) sources like solar mini grids are set to expand its reach in rural UP and other areas in the coming days. Several mini grid companies operating in UP and industry experts put forth their opinions before a large audience in the recently […]

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Even Better Together- Five Ways Solar Is Better With Other Green Energy Options

Solar power is the fastest-growing energy source globally. The Global Market Outlook for Solar Power 2024-2028 report reveals that in 2023, global solar installations surged by 87 per cent compared to the previous year. In 2023, 447 GW of new solar capacity was added, up from 239 GW in 2022, bringing the world’s total solar […]

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