Trending News: Trump Says US Navy Acting ‘Like Pirates’ to Carry Out Naval Blockade of Iranian PortsWeek in Africa: Mozambique 30 MW Solar Tender; SA 1.5 GW Hybrid Project; Guinea Mining Goes Solar and More…SP Energy Networks and Buglife Transform Substation Grasslands Into Thriving Pollinator Habitats Through the Pollinator B-Lines ProjectWith Costs Rising And Markets Tightening, America’s Farmers Turn To Solar To Protect Their Land And Livelihoods, SEIA HighlightsIberdrola Invests €14.5 Billion In Twelve Months, With Majority Directed To Networks In The UK And United StatesIndore’s Jalud Solar Plant Marks New Renewable Finance Model with Citizen-Backed Green BondsBonfiglioli India Signs 9 MWp Solar Power Deal with Cleantech Solar for Tamil Nadu OperationsPT PLN (Persero) Signs MoU with Villages Ministry to Expand Rural Electrification in IndonesiaMozambique Relaunches Tender for 30 MW Solar PV Project in DondoInternational Finance Corporation Partners with WindForce PLC for Sri Lanka’s First 100 MW Utility-Scale Solar ProjectTrump ‘Not Happy’ With Iran, Touts Strait ‘100% Shut’US Drillers Add Oil and Gas Rigs for Second Week in a Row, Says Baker HughesOwners of WildFire Energy Explore $4 Billion-Plus Sale of US Shale Operator, Sources SayUS LNG Exports to Asia Surged in April as Middle East Conflict Curtailed SupplySyria Still Leans on Russia for Oil SupplyTrump’s Trade Czar Says U.S. Looking to Work with Canada on Energy and Critical MineralsExxon Net Income Falls, Output Hit by Iran WarChevron’s Upstream Strength Lifts First-Quarter Earnings Past EstimateIran Threatens Painful Response if US Renews AttacksWhile Asia and Europe Scramble for Natural Gas, the US Glut Has Nowhere to GoU.S. Oil and Gas Firms Sign Deals to Operate in VenezuelaIran Warns of $140 Oil as Trump Holds Hormuz BlockadePakistan Imports First LNG Cargo in Weeks in Relief for Energy CrisisExxon Beats Q1 Earnings on Oil Price Surge Despite 6% Production DropINEOS and Sandpiper to develop $1.7bn blue methanol plant in Texas CityLinde juggles resilient and cyclical end market triosLinde backlog nears $10bn as project rollout continuesLinde backlog nears $10bn as project rollout continuesAir Products’ $9bn backlog shored up by AI-driven electronics boomAir Products’ $9bn backlog shored up by AI-driven electronics boomLinde cites construction challenges as Beaumont blue ammonia timeline slipsLinde expects further helium price risesLinde expects further helium price risesCavendish Hydrogen awarded €1.4m Northwest Europe refuelling station dealUS Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating StorageTC Energy Approves $1.5 billion Columbia Gas Expansion After Profit Tops EstimatesSteady Oil Prices Set for Weekly Gain as Iran War Rumbles OnUS Has More Natural Gas Than It Can Use as War Chokes Global SupplyWhy $100 Oil is No Longer Spooking Equity MarketsCalifornians Now Paying 6 Bucks a Gallon for Kicks on Route 66Trump Reacts to UAE OPEC WithdrawalVideo | A centralised or decentralised future for hydrogen?Toyota fuel cells secure North America certification as it eyes stationary usesWoodside Struggles to Secure Buyers for U.S. LNG as Pricing BackfiresOil Prices Set for Another Weekly Gain as Supply Shock DeepensTotalEnergies Extends Fuel Price Cap in France as Middle East Crisis Drags OnLinde reports strong quarter despite global pressuresCrisis removes half a million tonnes of nitrogen fertiliserNew Mexico helium plant marketed amid tight supplyNew Mexico helium plant marketed amid tight marketBiogas-to-hydrogen ‘could halve costs’ versus electrolysis, webinar hearsNet Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: VortexRepsol Holds Off on U.S. Listing for Upstream Unit Despite 2026 PlansIndian Oil Raises LPG and Jet Fuel PricesUkraine Hits Major Russian Refinery, Pumping StationSoCalGas blocked from passing hydrogen pipeline costs to residential customersIndustry tech winners will be those who integrate‘Bubble-free’ electrolyser start-up plans Rotterdam pilot after €2.7m raiseWhy downsizing won’t solve Air Products’ $9bn Louisiana blue hydrogen problemTrump Eyes More U.S. Oil Output as Iran War Squeezes SupplyWoodside Struggles to Sell LNG Volumes at Louisiana LNG Plant, Sources SayTrump Signs Order Authorizing Bridger’s Canada-Wyoming Crude PipelineTangerine peel’s radiation health benefits researchedFuel loading begins at Changjiang 3Fusion industry leaders call for EU long-term planSecond Indian fuel cycle complex gets operating licencePJM’s First Reformed Queue Cycle Draws 811 Projects, 220 GWJP Morgan: UAE Could Attract More U.S. Investment After OPEC ExitStrait of Hormuz Fears Send California Gas Past $6 a GallonENEOS Takes 10% Stake in Malaysia LNG Tiga in New Deal With PetronasValero Energy Beats Profit Estimates on Strong Refining PerformanceIran Threatens Painful Response if US Resumes Attacks, Oil Prices SeesawConocoPhillips Cuts Annual Production Targets as Iran War Disrupts OperationsUS Has More Natural Gas Than It Can Use as War Chokes Global SupplyWhy $100 Oil is No Longer Spooking Equity Markets: Stephen JenUS Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating StorageRussia Dismisses Price War Fears Following UAE Departure From OPEC+Crisis-Hit Southeast Asia Looks to Sign Petroleum Security PactTankers Move from Fuel to Crude Trade as War Upends FlowsENEOS acquires 10% equity stake in Petrona’s MLNG Tiga terminalEU backs ‘one-pot’ e-methanol push to cut costs and input energyAir Products confirms huge scale of expanding Samsung projectAir Products taps stored helium at a cost as Qatar outage hits supplyAir Products navigates eight key end markets through crisisEU opens €600m call for cross-border energy project proposalsProspect of Prolonged Iran War Disruption Drives Oil Forecasts HigherAir Products expects Asia helium supply to more than double amid electronics ‘super cycle’Air Products expects Asia helium supply to more than double amid electronics ‘super cycle’Air Products pushes NEOM green ammonia talks with Yara as war lifts grey pricesVideo | How many Chinese electrolyser OEMs will survive?The Iran War Has Already Destroyed 1.6 Million Bpd in Oil DemandWall Street Giants Circle Shell’s $15 Billion LNG Canada StakeCNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran CrisisTop Stories Of The Day: India Tops G20 Climate Goals; India’s First Inter-Track Metro Solar Project; POWERGRID Gets ₹4,000 Cr Loan and More…Air Products reports 9% sales growth in Q2 financialsAir Products reports 9% sales growth in Q2 financialsAir Products reports 9% sales growth in Q2Airengy Expands In Israel With 51% Stake In Green-Go To Boost Solar Project CapabilitiesSolaris wins German tender for 19 hydrogen fuel cell busesCould This be the Beginning of the End for OPEC?
Sun. May 3rd, 2026
Trending News: Trump Says US Navy Acting ‘Like Pirates’ to Carry Out Naval Blockade of Iranian PortsWeek in Africa: Mozambique 30 MW Solar Tender; SA 1.5 GW Hybrid Project; Guinea Mining Goes Solar and More…SP Energy Networks and Buglife Transform Substation Grasslands Into Thriving Pollinator Habitats Through the Pollinator B-Lines ProjectWith Costs Rising And Markets Tightening, America’s Farmers Turn To Solar To Protect Their Land And Livelihoods, SEIA HighlightsIberdrola Invests €14.5 Billion In Twelve Months, With Majority Directed To Networks In The UK And United StatesIndore’s Jalud Solar Plant Marks New Renewable Finance Model with Citizen-Backed Green BondsBonfiglioli India Signs 9 MWp Solar Power Deal with Cleantech Solar for Tamil Nadu OperationsPT PLN (Persero) Signs MoU with Villages Ministry to Expand Rural Electrification in IndonesiaMozambique Relaunches Tender for 30 MW Solar PV Project in DondoInternational Finance Corporation Partners with WindForce PLC for Sri Lanka’s First 100 MW Utility-Scale Solar ProjectTrump ‘Not Happy’ With Iran, Touts Strait ‘100% Shut’US Drillers Add Oil and Gas Rigs for Second Week in a Row, Says Baker HughesOwners of WildFire Energy Explore $4 Billion-Plus Sale of US Shale Operator, Sources SayUS LNG Exports to Asia Surged in April as Middle East Conflict Curtailed SupplySyria Still Leans on Russia for Oil SupplyTrump’s Trade Czar Says U.S. Looking to Work with Canada on Energy and Critical MineralsExxon Net Income Falls, Output Hit by Iran WarChevron’s Upstream Strength Lifts First-Quarter Earnings Past EstimateIran Threatens Painful Response if US Renews AttacksWhile Asia and Europe Scramble for Natural Gas, the US Glut Has Nowhere to GoU.S. Oil and Gas Firms Sign Deals to Operate in VenezuelaIran Warns of $140 Oil as Trump Holds Hormuz BlockadePakistan Imports First LNG Cargo in Weeks in Relief for Energy CrisisExxon Beats Q1 Earnings on Oil Price Surge Despite 6% Production DropINEOS and Sandpiper to develop $1.7bn blue methanol plant in Texas CityLinde juggles resilient and cyclical end market triosLinde backlog nears $10bn as project rollout continuesLinde backlog nears $10bn as project rollout continuesAir Products’ $9bn backlog shored up by AI-driven electronics boomAir Products’ $9bn backlog shored up by AI-driven electronics boomLinde cites construction challenges as Beaumont blue ammonia timeline slipsLinde expects further helium price risesLinde expects further helium price risesCavendish Hydrogen awarded €1.4m Northwest Europe refuelling station dealUS Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating StorageTC Energy Approves $1.5 billion Columbia Gas Expansion After Profit Tops EstimatesSteady Oil Prices Set for Weekly Gain as Iran War Rumbles OnUS Has More Natural Gas Than It Can Use as War Chokes Global SupplyWhy $100 Oil is No Longer Spooking Equity MarketsCalifornians Now Paying 6 Bucks a Gallon for Kicks on Route 66Trump Reacts to UAE OPEC WithdrawalVideo | A centralised or decentralised future for hydrogen?Toyota fuel cells secure North America certification as it eyes stationary usesWoodside Struggles to Secure Buyers for U.S. LNG as Pricing BackfiresOil Prices Set for Another Weekly Gain as Supply Shock DeepensTotalEnergies Extends Fuel Price Cap in France as Middle East Crisis Drags OnLinde reports strong quarter despite global pressuresCrisis removes half a million tonnes of nitrogen fertiliserNew Mexico helium plant marketed amid tight supplyNew Mexico helium plant marketed amid tight marketBiogas-to-hydrogen ‘could halve costs’ versus electrolysis, webinar hearsNet Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: VortexRepsol Holds Off on U.S. Listing for Upstream Unit Despite 2026 PlansIndian Oil Raises LPG and Jet Fuel PricesUkraine Hits Major Russian Refinery, Pumping StationSoCalGas blocked from passing hydrogen pipeline costs to residential customersIndustry tech winners will be those who integrate‘Bubble-free’ electrolyser start-up plans Rotterdam pilot after €2.7m raiseWhy downsizing won’t solve Air Products’ $9bn Louisiana blue hydrogen problemTrump Eyes More U.S. Oil Output as Iran War Squeezes SupplyWoodside Struggles to Sell LNG Volumes at Louisiana LNG Plant, Sources SayTrump Signs Order Authorizing Bridger’s Canada-Wyoming Crude PipelineTangerine peel’s radiation health benefits researchedFuel loading begins at Changjiang 3Fusion industry leaders call for EU long-term planSecond Indian fuel cycle complex gets operating licencePJM’s First Reformed Queue Cycle Draws 811 Projects, 220 GWJP Morgan: UAE Could Attract More U.S. Investment After OPEC ExitStrait of Hormuz Fears Send California Gas Past $6 a GallonENEOS Takes 10% Stake in Malaysia LNG Tiga in New Deal With PetronasValero Energy Beats Profit Estimates on Strong Refining PerformanceIran Threatens Painful Response if US Resumes Attacks, Oil Prices SeesawConocoPhillips Cuts Annual Production Targets as Iran War Disrupts OperationsUS Has More Natural Gas Than It Can Use as War Chokes Global SupplyWhy $100 Oil is No Longer Spooking Equity Markets: Stephen JenUS Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating StorageRussia Dismisses Price War Fears Following UAE Departure From OPEC+Crisis-Hit Southeast Asia Looks to Sign Petroleum Security PactTankers Move from Fuel to Crude Trade as War Upends FlowsENEOS acquires 10% equity stake in Petrona’s MLNG Tiga terminalEU backs ‘one-pot’ e-methanol push to cut costs and input energyAir Products confirms huge scale of expanding Samsung projectAir Products taps stored helium at a cost as Qatar outage hits supplyAir Products navigates eight key end markets through crisisEU opens €600m call for cross-border energy project proposalsProspect of Prolonged Iran War Disruption Drives Oil Forecasts HigherAir Products expects Asia helium supply to more than double amid electronics ‘super cycle’Air Products expects Asia helium supply to more than double amid electronics ‘super cycle’Air Products pushes NEOM green ammonia talks with Yara as war lifts grey pricesVideo | How many Chinese electrolyser OEMs will survive?The Iran War Has Already Destroyed 1.6 Million Bpd in Oil DemandWall Street Giants Circle Shell’s $15 Billion LNG Canada StakeCNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran CrisisTop Stories Of The Day: India Tops G20 Climate Goals; India’s First Inter-Track Metro Solar Project; POWERGRID Gets ₹4,000 Cr Loan and More…Air Products reports 9% sales growth in Q2 financialsAir Products reports 9% sales growth in Q2 financialsAir Products reports 9% sales growth in Q2Airengy Expands In Israel With 51% Stake In Green-Go To Boost Solar Project CapabilitiesSolaris wins German tender for 19 hydrogen fuel cell busesCould This be the Beginning of the End for OPEC?
Sun. May 3rd, 2026

PXIL Conducts Successful 2nd REC Trading Session for June 2025

Representational image. Credit: Canva

Power Exchange India Limited (PXIL) successfully conducted the second Renewable Energy Certificate (REC) trading session for June 2025, in line with CERC’s directives under Order of Petition 379-MP-2024. This marked the 6th session for FY 2025–26 and the 51st overall auction under the CERC REC Regulations, 2022, which have been in effect since December 5, 2022.

A total of 15.65 lakh RECs were transacted during this session. Ahead of the auction, over 417.17 lakh RECs were available for trade in the market.

The trading was conducted under the guidance of the Delhi High Court’s Daily Order dated 11.05.2023, which lifted earlier restrictions on the sale of RECs issued before October 31, 2022. As a result, all RECs held by selling entities were eligible for trade in this session.

The auction included:

  • Non-Solar RECs issued before April 1, 2017, traded at a floor price of ₹1,500/MWh, as per CERC’s Order in Petition No. 2/SM/2017 dated March 30, 2017.
  • RECs from various renewable technologies, including Solar, Wind, Hydro, Small Hydro, Biomass, and others.

 

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