Trending News: Asia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports CrashIran Dismisses Trump Claim of Kharg Attack as Hostilities ReturnChina Coking Coal Prices Set for Record 46% Monthly SurgeEurope Gas Prices Jump 5% to Highest Level Since 2023Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum ReserveGoldman Sachs Sees Diesel Refining Margins Soaring to $63 a BarrelAsian Refiners Turn to Argentina as Iran War Disrupts Oil SupplyLithium Miners Cash In as Battery Storage Demand SurgesIran Says Supertanker Hit by Mines in Strait of HormuzChina’s LNG Imports Set to Drop 18% in August as Prices SoarTrump Announces ‘Biggest Oil Deal in World History’Philippine National Bank Backs PHP 6.22 Billion Solar And Battery Storage Project In IloiloSEPCOIII Begins Full Commercial Operation Of Saudi Red Sea Utility ProjectIndia Daily: MPERC Drafts MYT Rules, APSERC Reviews 2.75 MW Solar, HERC Clears Green Banking, TGERC Closes Dues Case, UPERC Completes ₹32.74 Cr Refund & More…Iraq Plans 10 GW Solar Expansion To Tackle Power ShortagesGreen Energy Stocks Under Pressure As Indian Markets End Lower On August 31KPI Green Energy Advances 2.57 GWp IPP Portfolio, 1.16 GWp EnergizedTata Power Renewable Energy Commissions 100 MW Group Captive Solar Project In Tamil NaduAustralia Accelerates Next-Generation Solar R&D with $105.6 Million Technology PushGlobal Specialty Gas Supply Chain Outlook – H1 2026UPERC Approves 300 MW Solar PPA At INR 2.57/kWh For 25 Years In Uttar PradeshAHAsolar Technologies Secures Consultancy Work Order for 600 MW Solar Project with 1,800 MWh Energy Storage in RajasthanGas Prices in Asia and Europe Jump as Qatar Extends LNG Force MajeureThe Iran War Has Turned VLCCs Into $650,000-a-Day AssetsVenezuela Helped Build OPEC. Now It May Help Break It ApartTrump says Venezuelan oil will be used to refill U.S. Strategic Petroleum ReserveMiddle East Weekly: Oman Plans Musandam RE Study, Kuwait Fund Backs 11 MW Solar, L&T Wins 6 GWh BESS Order, ACWA–KOWEPO Partner on RE, NHC–EDF Partner on Clean Energy, ACWA Signs 6 GWh BESS, Masdar Starts 35 MW BESS, Saudi Signs 2 GW BESS DealsACME Solar Commissions 15 MW/240.752 MWh BESS Project In RajasthanSMBC Reaches Financial Close on JSW Energy’s 210 MW Hybrid Renewable Energy Project in MaharashtraSECI Invites Cybersecurity Auditors To Strengthen Renewable Energy Sector SecurityThe Lifeline of Solar: Why the Right Cable Matters  Ukraine Drones Spark Fire at Russian Refinery as Fuel Crisis WorsensIndia Surpasses 300 GW of Non-Fossil Power CapacityPakistan’s Five Refineries Set for $6 Billion Upgrade PushAmazon Nears 1 GW of Wind Power in Sweden With Four New DealsQatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG TrafficIndia and Indonesia look to strengthen semiconductor tiesWoodside receives final Pluto LNG train 1 moduleInterlune recreates lunar helium in simulant for Earth-based extraction testingTrump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel ConditionU.S. In Talks To Take Direct Ownership Of Venezuelan Oil FieldsOil Prices Head for a Weekly Loss Despite Escalating Iran TensionsHormuz Tanker Traffic Drops Despite Recovery in Oil FlowsChina’s Solar Boom Hits a Wall as Industry Losses MountGulf Oil Exports Rebound Despite Iran WarTexas Oil Co Starts 92 Well New Mexico Drilling ProgramOMV Petrom receives additional 35MW of electrolysers at clean fuel facilityBangladesh LNG expansion could increase annual imports by $8.5bn, IEEFA warnsBangladesh LNG expansion could drive $8.5bn annual import bill, IEEFA warnsWaaree Renewable Technologies Secures LOA for 291 MWp Solar PV and 280 MWh BESS ProjectLatin America’s Energy Storage Capacity Set to Reach 34 GW by 2035: Wood MackenzieMeritus strengthens Southern California teamJan De Nul enters North Sea CCS marketSøby Solar Park to Supply Renewable Power to Four Companies Under Fixed-Price PPAsIEEFA Finds Renewables Cheaper Than Coal in Indonesia, Urges Least-Cost Power Planning and 100 GW Solar IntegrationSiemens Energy to spin off Transformation of Industry with view to saleSuzlon Breaks Ground on 1,325 MW Wind Projects in Andhra Pradesh, Targets INR 10,500 Crore InvestmentEnergean in Exclusive Talks for $1 Billion BP Egypt Gas DealTrump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day45 Power Plants in India Running on Critically Low Levels of Coal StocksAfrica Emerges as Center of Upstream Acreage RushAmpera, LLNL team up for TRISO fuel developmentTesting under way for Atucha 2’s dry storage facility equipmentWelding of Akkuyu 2’s primary circuit completedNewcleo-led consortium to develop floating nuclear plantThailand Accelerates Clean Energy Push to Cut LNG DependenceQatar and Kuwait Restore 70% of Pre-War Oil Exports Through HormuzWeak Asian Oil Imports Challenge Claims of Surge in Hormuz TransitsTotalEnergies Exits Russia’s Sanctioned Arctic LNG 2 ProjectFortum Seeks State Aid for Major New Nuclear Project in SwedenMesser and Ambrian win approval for German CO2 export terminalPulsar Helium net losses widen in exploration pushKorea moves towards first domestic green methanol supply for shippingThe Netherlands to Miss Natural Gas Filling Target for WinterCNOOC Posts Record Profit as China Pumps More Oil at HomeAnother Tanker Struck as Hormuz Shipping Crisis DeepensOil Prices Fall as Qatar Pushes New Hormuz TalksAlberta Premier Rejects Using Oil as a Weapon Against TrumpAnalyst Explains Why Oil Prices Are EasingVentura County Partners with ForeFront Power for 7.7 MW Solar and Storage ProjectTotalEnergies exits Arctic LNG 2 in RussiaGreenvolt Secures €218 Million UniCredit Financing for 400 MW BESS Projects in PolandPerigus Energy Acquires Rights to Olpe-Rehringhausen Wind Farm Project in GermanyLow GHG fuel supply could reach 270 Mtoe by 2030Canadian Solar Reports $1.2 Billion Q2 2026 Revenue as Record Energy Storage Shipments Offset Solar Module DeclineCeigall India Emerges as L1 Bidder for Gujarat-Maharashtra Inter-State Transmission ProjectCanada government invests C$19m in Ontario AD facilityGalia Green Power secures $101m funding for Poland biomethane growthIndia’s ONGC Targets Tenfold Oil Output Boost in VenezuelaDrilling of deposition holes starts at OnkaloHoltec’s SMR-300 test facility taking shape at INLFortum’s NuCore Energi applies for Swedish state support for new nuclearMultinational support for ATLAS maritime nuclear initiativeUS Army selects five microreactor techs for deploymentJapan to Unveil New Oil Diversification StrategyHormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary CorridorQatar Loses $24 Billion as LNG Exports Collapse 96%India’s Russian Oil Imports Slide From Record High as Supply TightensUK Energy Bills to Hit Three-Year High as Gas Prices SurgePreview: Swagelok webinar to explore gas distribution system design
Mon. Aug 31st, 2026
Trending News: Asia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports CrashIran Dismisses Trump Claim of Kharg Attack as Hostilities ReturnChina Coking Coal Prices Set for Record 46% Monthly SurgeEurope Gas Prices Jump 5% to Highest Level Since 2023Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum ReserveGoldman Sachs Sees Diesel Refining Margins Soaring to $63 a BarrelAsian Refiners Turn to Argentina as Iran War Disrupts Oil SupplyLithium Miners Cash In as Battery Storage Demand SurgesIran Says Supertanker Hit by Mines in Strait of HormuzChina’s LNG Imports Set to Drop 18% in August as Prices SoarTrump Announces ‘Biggest Oil Deal in World History’Philippine National Bank Backs PHP 6.22 Billion Solar And Battery Storage Project In IloiloSEPCOIII Begins Full Commercial Operation Of Saudi Red Sea Utility ProjectIndia Daily: MPERC Drafts MYT Rules, APSERC Reviews 2.75 MW Solar, HERC Clears Green Banking, TGERC Closes Dues Case, UPERC Completes ₹32.74 Cr Refund & More…Iraq Plans 10 GW Solar Expansion To Tackle Power ShortagesGreen Energy Stocks Under Pressure As Indian Markets End Lower On August 31KPI Green Energy Advances 2.57 GWp IPP Portfolio, 1.16 GWp EnergizedTata Power Renewable Energy Commissions 100 MW Group Captive Solar Project In Tamil NaduAustralia Accelerates Next-Generation Solar R&D with $105.6 Million Technology PushGlobal Specialty Gas Supply Chain Outlook – H1 2026UPERC Approves 300 MW Solar PPA At INR 2.57/kWh For 25 Years In Uttar PradeshAHAsolar Technologies Secures Consultancy Work Order for 600 MW Solar Project with 1,800 MWh Energy Storage in RajasthanGas Prices in Asia and Europe Jump as Qatar Extends LNG Force MajeureThe Iran War Has Turned VLCCs Into $650,000-a-Day AssetsVenezuela Helped Build OPEC. Now It May Help Break It ApartTrump says Venezuelan oil will be used to refill U.S. Strategic Petroleum ReserveMiddle East Weekly: Oman Plans Musandam RE Study, Kuwait Fund Backs 11 MW Solar, L&T Wins 6 GWh BESS Order, ACWA–KOWEPO Partner on RE, NHC–EDF Partner on Clean Energy, ACWA Signs 6 GWh BESS, Masdar Starts 35 MW BESS, Saudi Signs 2 GW BESS DealsACME Solar Commissions 15 MW/240.752 MWh BESS Project In RajasthanSMBC Reaches Financial Close on JSW Energy’s 210 MW Hybrid Renewable Energy Project in MaharashtraSECI Invites Cybersecurity Auditors To Strengthen Renewable Energy Sector SecurityThe Lifeline of Solar: Why the Right Cable Matters  Ukraine Drones Spark Fire at Russian Refinery as Fuel Crisis WorsensIndia Surpasses 300 GW of Non-Fossil Power CapacityPakistan’s Five Refineries Set for $6 Billion Upgrade PushAmazon Nears 1 GW of Wind Power in Sweden With Four New DealsQatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG TrafficIndia and Indonesia look to strengthen semiconductor tiesWoodside receives final Pluto LNG train 1 moduleInterlune recreates lunar helium in simulant for Earth-based extraction testingTrump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel ConditionU.S. In Talks To Take Direct Ownership Of Venezuelan Oil FieldsOil Prices Head for a Weekly Loss Despite Escalating Iran TensionsHormuz Tanker Traffic Drops Despite Recovery in Oil FlowsChina’s Solar Boom Hits a Wall as Industry Losses MountGulf Oil Exports Rebound Despite Iran WarTexas Oil Co Starts 92 Well New Mexico Drilling ProgramOMV Petrom receives additional 35MW of electrolysers at clean fuel facilityBangladesh LNG expansion could increase annual imports by $8.5bn, IEEFA warnsBangladesh LNG expansion could drive $8.5bn annual import bill, IEEFA warnsWaaree Renewable Technologies Secures LOA for 291 MWp Solar PV and 280 MWh BESS ProjectLatin America’s Energy Storage Capacity Set to Reach 34 GW by 2035: Wood MackenzieMeritus strengthens Southern California teamJan De Nul enters North Sea CCS marketSøby Solar Park to Supply Renewable Power to Four Companies Under Fixed-Price PPAsIEEFA Finds Renewables Cheaper Than Coal in Indonesia, Urges Least-Cost Power Planning and 100 GW Solar IntegrationSiemens Energy to spin off Transformation of Industry with view to saleSuzlon Breaks Ground on 1,325 MW Wind Projects in Andhra Pradesh, Targets INR 10,500 Crore InvestmentEnergean in Exclusive Talks for $1 Billion BP Egypt Gas DealTrump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day45 Power Plants in India Running on Critically Low Levels of Coal StocksAfrica Emerges as Center of Upstream Acreage RushAmpera, LLNL team up for TRISO fuel developmentTesting under way for Atucha 2’s dry storage facility equipmentWelding of Akkuyu 2’s primary circuit completedNewcleo-led consortium to develop floating nuclear plantThailand Accelerates Clean Energy Push to Cut LNG DependenceQatar and Kuwait Restore 70% of Pre-War Oil Exports Through HormuzWeak Asian Oil Imports Challenge Claims of Surge in Hormuz TransitsTotalEnergies Exits Russia’s Sanctioned Arctic LNG 2 ProjectFortum Seeks State Aid for Major New Nuclear Project in SwedenMesser and Ambrian win approval for German CO2 export terminalPulsar Helium net losses widen in exploration pushKorea moves towards first domestic green methanol supply for shippingThe Netherlands to Miss Natural Gas Filling Target for WinterCNOOC Posts Record Profit as China Pumps More Oil at HomeAnother Tanker Struck as Hormuz Shipping Crisis DeepensOil Prices Fall as Qatar Pushes New Hormuz TalksAlberta Premier Rejects Using Oil as a Weapon Against TrumpAnalyst Explains Why Oil Prices Are EasingVentura County Partners with ForeFront Power for 7.7 MW Solar and Storage ProjectTotalEnergies exits Arctic LNG 2 in RussiaGreenvolt Secures €218 Million UniCredit Financing for 400 MW BESS Projects in PolandPerigus Energy Acquires Rights to Olpe-Rehringhausen Wind Farm Project in GermanyLow GHG fuel supply could reach 270 Mtoe by 2030Canadian Solar Reports $1.2 Billion Q2 2026 Revenue as Record Energy Storage Shipments Offset Solar Module DeclineCeigall India Emerges as L1 Bidder for Gujarat-Maharashtra Inter-State Transmission ProjectCanada government invests C$19m in Ontario AD facilityGalia Green Power secures $101m funding for Poland biomethane growthIndia’s ONGC Targets Tenfold Oil Output Boost in VenezuelaDrilling of deposition holes starts at OnkaloHoltec’s SMR-300 test facility taking shape at INLFortum’s NuCore Energi applies for Swedish state support for new nuclearMultinational support for ATLAS maritime nuclear initiativeUS Army selects five microreactor techs for deploymentJapan to Unveil New Oil Diversification StrategyHormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary CorridorQatar Loses $24 Billion as LNG Exports Collapse 96%India’s Russian Oil Imports Slide From Record High as Supply TightensUK Energy Bills to Hit Three-Year High as Gas Prices SurgePreview: Swagelok webinar to explore gas distribution system design
Mon. Aug 31st, 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.

 

    • Related Posts

    Philippine National Bank Backs PHP 6.22 Billion Solar And Battery Storage Project In Iloilo
    Philippine National Bank Backs PHP 6.22 Billion Solar And Battery Storage Project In Iloilo

    Philippine National Bank (PNB) is supporting a 6.22 billion peso co-financing package for a major clean energy project in Barotac Viejo, Iloilo, Philippines. Developed by Singapore-based Levanta Renewables, the project…

    Continue reading
    SEPCOIII Begins Full Commercial Operation Of Saudi Red Sea Utility Project
    SEPCOIII Begins Full Commercial Operation Of Saudi Red Sea Utility Project

    Chinese engineering company SEPCOIII has achieved full commercial operation of the Saudi Red Sea Utility Infrastructure Project, marking a major milestone in the development of renewable-powered tourism infrastructure. The project…

    Continue reading

    Have You Seen?

    Oil & Gas

    Asia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports Crash

    • August 31, 2026
    Asia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports Crash
    Oil & Gas

    Iran Dismisses Trump Claim of Kharg Attack as Hostilities Return

    • August 31, 2026
    Iran Dismisses Trump Claim of Kharg Attack as Hostilities Return
    Oil & Gas

    China Coking Coal Prices Set for Record 46% Monthly Surge

    • August 31, 2026
    China Coking Coal Prices Set for Record 46% Monthly Surge
    Oil & Gas

    Europe Gas Prices Jump 5% to Highest Level Since 2023

    • August 31, 2026
    Europe Gas Prices Jump 5% to Highest Level Since 2023
    Oil & Gas

    Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum Reserve

    • August 31, 2026
    Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum Reserve
    Oil & Gas

    Goldman Sachs Sees Diesel Refining Margins Soaring to $63 a Barrel

    • August 31, 2026
    Goldman Sachs Sees Diesel Refining Margins Soaring to $63 a Barrel
    Oil & Gas

    Asian Refiners Turn to Argentina as Iran War Disrupts Oil Supply

    • August 31, 2026
    Asian Refiners Turn to Argentina as Iran War Disrupts Oil Supply
    Oil & Gas

    Lithium Miners Cash In as Battery Storage Demand Surges

    • August 31, 2026
    Lithium Miners Cash In as Battery Storage Demand Surges
    Oil & Gas

    Iran Says Supertanker Hit by Mines in Strait of Hormuz

    • August 31, 2026
    Iran Says Supertanker Hit by Mines in Strait of Hormuz
    Oil & Gas

    China’s LNG Imports Set to Drop 18% in August as Prices Soar

    • August 31, 2026
    China’s LNG Imports Set to Drop 18% in August as Prices Soar